Okay, the secret is out. I am currently studying for my bar exam. In the process, I must study real property law and other areas of law that pertain to real estate and may be helpful to a real estate or land investor. I figured since I was studying anyways, I might as well put each topic one video at a time. I also started a YouTube channel which can be seen here.
In some cases when land or real estate is transferred there is a future interest in the real estate which is created as well. For example someone leasing land to another will retain a future interest in the property since the property at some point will be return the to the land owner. In other words, a future interest does not grant a immediate possession in a property but rather gives the owners a future interest in possession. The two types of future interest are called reversions and remainders. Let me explain....
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