Estates in General – Chapter 3 of 21 GCA “Real Property”.
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LEX-FAOC054367
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This Chapter provides for a series of general matters with respect to real or immovable property such as classification of estates, the definition of ownership issues, limitations on full ownership, reversions, remainder of former estate, suspension of ownership, limitations on Life Estates, rights of heirs of life tenants, etc. Estates in real property, in respect to the duration of their enjoyment, are either: estates of inheritance or perpetual estates; estates for life; estates for years; or estates at will.