LGST 369 15.1 Common Law Interests in Land

Name three types of common law estates and explain how they differ from one another.

A right that a person can enforce with respect to a particular piece of land

Interest in Land

An exclusive right to possess a parcel of land for a period of time

An Estate

A type of common estate which is the total amount of rights that a person can hold in land.

Fee Simple

When the government takes property for a public purpose

Expropropriation

A limitation of a fee simple is that you must obey (), () and allow the government to take your property for ().

Tort Obligations, Land Use Regulations, Expropriation

A type of common estate which entitles a person to property for the duration of their life.

Life Estate

A type of common estate where a person has exclusive rights to a property for a defined period of time.

Leasehold Estate