| Futureinterest | | When a trust is created, legal title is __________ from beneficial title. |
| Reversion | | A right that is uncertain is _____________. |
| Waste | | Patents, computer software, stock, and goodwill. |
| Severance | | Decision-making power over property. |
| Communityproperty | | A grants B the use of Blackacre for the life of C. C's life is the __________. |
| JTWROS | | Property other than real property. |
| Tangible | | Property right based on a measure of time that does not create a landlord-tenant relationship. |
| Legaltitle | | A bundle of rights. |
| Rightofsurvivorship | | The separation between legal and beneficial title is the heart of _______. |
| Partition | | A life tenant cannot commit this. |
| Bifurcated | | Present in tenancy by the entirety, but not tenancy in common. |
| Tangiblepersonal | | Is really lifetime planning. |
| Intangiblepersonal | | Creates a landlord-tenant relationship. |
| Jointtenancy | | At death, an interest in this passes through trust, will or intestacy. |
| EstatePlanning | | A property arrangement that avoids probate. |
| Separateproperty | | The holder's right to enjoy the property is delayed. |
| Personal | | Is not available in community property states. |
| Contingent | | The greatest interest in property available. |
| Estateforyears | | One of the four basic property rights. |
| Remainder | | A future interest holder's right to enjoy property may be delayed by the__________. |
| Trusts | | Future interest held by the initial transferor. |
| Realproperty | | Based in the Civil Code. |
| Beneficialtitle | | An assured right is __________. |
| Property | | Holds a single, unified interest in property concurrently with others. |
| Lifeestate | | A form of co-ownership (abbrev.) |
| Tenancybytheentirety | | Future interest held by someone other than the initial transferor. |
| Passageoftime | | In a community property state, property acquired before the marriage. |
| Jointtenant | | One of the duties of a lifetenant. |
| Intangible | | Not available in community property states. |
| Electiveshare | | Personal property whose utility derives from physical characteristics. |
| Feesimple | | The holder has an immediate right to posess or enjoy the property. |
| Presentinterest | | E.g,, land, buildings, improvements and fixtures |
| Tenancyincommon | | Right to use and benefit from property. |
| Exclusion | | Not available to tenants by the entirety while married. |
| Measuringlife | | Action available to joint tenants and tenants in common. |
| Vested | | Property that cannot be perceived by the senses. |
| Reasonablerepairs | | Property that can be perceived by the senses. |