What are the present possessory estates?
1. Fee Simple Absolute2. Defeasible Fees a. Fee Simple Determinable (Possibility of Reverter) b. Fee Simple Subject to Condition Subsequent (Right of Entry) c. Fee Simple Subject to an Executory Interest3. Fee Tail4. Life Estate a. Life Estate by Marital Right (Legal Life Estates) b. Conventional Life Estate 1. For Life of Grantee 2. Life Estate Pur Autre Vie (Life of Another)5. Estates for Years, Periodic Estates, Estates at Will, Tenancies at Sufferance