You open your property outline and see “future interests” staring back at you. Possibilities of reverter. Executory interests. Vested remainders subject to open. Your brain immediately shuts down. Future interests are the bar exam’s cruelest trick — a medieval property concept that shows up on nearly every MBE property set, testing your ability to parse language with surgical precision while keeping a dozen technical rules straight.
Here’s the good news: future interests follow patterns. Once you understand the framework, they become one of the most predictable MBE topics. The key is not reading your outline 47 times hoping it sticks. The key is building a mental classification system that lets you identify the right answer in 90 seconds.
Start With the Two-Question Framework
Every future interests question boils down to two questions you ask in order:
First: Who holds the future interest — the grantor or a third party?
If the grantor keeps it, you’re choosing between three options: reversion, possibility of reverter, or right of entry. If a third party gets it, you’re choosing between remainder and executory interest.
Second: What language created the present estate?
The exact words in the conveyance tell you everything. “To A for life” creates a reversion. “To A so long as the property is used for school purposes” creates a possibility of reverter. “To A, but if alcohol is ever sold on the premises, then to B” creates an executory interest in B.
This two-question system eliminates 80% of wrong answers immediately. You’re not memorizing definitions in isolation — you’re learning to spot the pattern in the grant language, then matching it to the correct future interest.
Memorize the Magic Words for Each Estate
Future interests are a language game. The bar examiners use specific trigger words, and you need to recognize them instantly.
Fee simple determinable uses durational language: “so long as,” “while,” “during,” or “until.” When you see these words, the grantor automatically gets a possibility of reverter. The estate ends by itself when the condition occurs. No action required.
Example: “To the City Library so long as the property is used as a library.” If the city converts it into a parking lot, the property automatically reverts to the grantor. The grantor holds a possibility of reverter.
Fee simple subject to condition subsequent uses conditional language plus a carve-out: “but if,” “provided that,” “on condition that,” followed by language giving the grantor a choice. The grantor gets a right of entry (also called a power of termination). The key difference: the estate does NOT end automatically. The grantor must affirmatively act to reclaim it.
Example: “To the City Library, but if the property ceases to be used as a library, grantor may re-enter and reclaim the property.” The city stops running a library. Nothing happens until the grantor exercises the right of entry. The property doesn’t automatically bounce back.
Fee simple subject to executory limitation shifts the property to a third party, not back to the grantor. Look for “but if” or “however if” language followed by “then to [someone else].” That third party holds an executory interest.
Example: “To A, but if A fails to pass the bar exam within three years, then to B.” B holds a shifting executory interest. If A doesn’t pass in time, the property jumps directly to B — not back to the grantor.
Drill these phrases. Write them on a flashcard. Test yourself by reading old MBE questions and circling the trigger words before you even read the answer choices.
Master the Remainder vs. Executory Interest Distinction
This is where students spiral. Both are future interests in third parties. Both follow someone else’s present estate. So what’s the difference?
A remainder waits patiently. It never cuts short the prior estate. It only takes effect when the prior estate ends naturally. Remainders follow life estates or terms of years — estates that have a built-in expiration.
Example: “To A for life, then to B.” B has a remainder. It sits quietly until A dies. A’s life estate wasn’t cut short. It ended naturally, and then B’s interest became possessory.
An executory interest is aggressive. It divests (cuts short) either the grantor or another transferee before their estate would naturally end.
Example: “To A, but if B graduates from law school, then to B.” B has a shifting executory interest. If B graduates, A’s fee simple gets chopped off mid-stream. A didn’t die. A’s estate didn’t run out. It got divested.
The distinction: remainders are polite. Executory interests are hostile takeovers.
One more wrinkle: springing vs. shifting executory interests. Springing executory interests divest the grantor. Shifting executory interests divest another transferee. Example of springing: “To A when A marries.” Until A marries, the grantor holds a fee simple. When A marries, A’s interest springs out of the grantor’s estate.
Learn the Vested vs. Contingent Remainder Rules Cold
Remainders come in two flavors, and the MBE loves testing the difference.
A vested remainder is created in an ascertained person (you know exactly who they are) and has no condition precedent other than the natural termination of the prior estate.
Example: “To A for life, then to B.” B is ascertained (we know who B is), and there’s no condition. B just waits for A to die. Vested remainder.
A contingent remainder is created in an unascertained person OR is subject to a condition precedent.
Example 1: “To A for life, then to A’s children.” If A has no children yet, the remainder is contingent — we don’t know who will take. The takers are unascertained.
Example 2: “To A for life, then to B if B survives A.” B is ascertained, but there’s a condition precedent (B must outlive A). If B dies before A, the remainder never vests. Contingent remainder.
Here’s the kicker: vested remainders subject to open. This is a class gift situation. “To A for life, then to A’s children.” A has one child, B. B’s remainder is vested (B is ascertained), but it’s subject to open because A might have more children. If A has another child, C, after the conveyance, C shares in the remainder. The class closes under the rule of convenience when any member is entitled to distribution (usually when A dies).
Why does this matter? Because vested remainders are NOT subject to the Rule Against Perpetuities, but contingent remainders ARE. Which brings us to the final boss.
Tackle the Rule Against Perpetuities With a Simple Test
The Rule Against Perpetuities (RAP) destroys more bar exam dreams than any other property rule. Here’s the common law version in plain English: no interest is valid unless it must vest or fail within a life in being at the creation of the interest, plus 21 years.
Translation: you pick a person alive when the interest was created (a “measuring life”), and ask whether the interest is guaranteed to vest or fail within that person’s lifetime plus 21 years. If there’s ANY possible scenario — no matter how bizarre — where it could vest later than that, the interest is void.
RAP applies to: contingent remainders, executory interests, and vested remainders subject to open (class gifts).
RAP does NOT apply to: reversions, possibilities of reverter, rights of entry, or vested remainders (not subject to open).
Example: “To A for life, then to A’s first child to reach age 25.” A has no children. Is the remainder valid?
Pick a measuring life: A. Could the remainder vest or fail within A’s life plus 21 years? No. A could have a child after the conveyance, then die. That child might not turn 25 until more than 21 years after A’s death. The remainder violates RAP and is void.
The MBE loves testing the fertile octogenarian (anyone can have children, regardless of age) and the unborn widow problem (a person’s “widow” might be someone not yet born when the interest was created). Memorize these traps. When you see a reference to someone’s children or widow without naming them specifically, RAP alarm bells should ring.
Many states have reformed RAP with “wait-and-see” statutes or the Uniform Statutory Rule Against Perpetuities (90-year alternative vesting period), but the MBE still tests common law RAP. Learn the common law version first.
Build a Visual Chart and Test It Against Hypotheticals
Here’s what works: create a one-page chart with three columns.
Column 1: Type of present estate and the language that creates it.
Column 2: Future interest in the grantor (if any) and the label.
Column 3: Future interest in a third party (if any) and the label.
Then drill it. Take every property hypothetical you encounter and fill in the chart. “To A for life, then to B if B survives A, otherwise to C.” Walk through it:
- Present estate: life estate in A
- Future interest in grantor: reversion (if both B and C predecease A)
- Future interest in third parties: contingent remainder in B (condition precedent: survive A), alternative contingent remainder in C
The more you practice labeling, the faster your brain builds the classification reflex. You’ll start seeing “so long as” and immediately think “possibility of reverter” before you finish reading the sentence.
If you want all 18 future interests rules organized in a two-column format built for exactly this kind of active recall drilling, that’s what FlashTables Real Property covers — every estate, every future interest, and every RAP trap in a structured table you can test yourself against daily.
What to Memorize for Exam Day
Walk into the exam with these locked in:
Grantor’s future interests: reversion (follows life estate or other estate smaller than what grantor owned), possibility of reverter (follows fee simple determinable, automatic), right of entry (follows fee simple subject to condition subsequent, requires grantor action).
Third-party future interests: remainder (follows natural termination, never divests), executory interest (divests prior estate — shifting divests transferee, springing divests grantor).
Remainder types: vested (ascertained person, no condition precedent), contingent (unascertained person OR condition precedent), vested subject to open (class gift, at least one member ascertained but class not closed).
RAP: Applies to contingent remainders, executory interests, and class gifts. Does not apply to vested remainders, reversions, possibilities of reverter, or rights of entry. Test: must vest or fail within a life in being plus 21 years.
Magic words: “So long as / while / during / until” = fee simple determinable. “But if / provided that / on condition that” + right to re-enter = fee simple subject to condition subsequent. “Then to [third party]” after condition = executory interest.
Future interests aren’t impossible. They’re a classification game with strict rules. Learn the framework, drill the language, and practice labeling every conveyance you see until it’s muscle memory. You’ll walk past these questions on exam day in 60 seconds flat.