Welcome back to the Bar Exam Toolbox podcast! In this episode, we're diving into a topic from Property Law -- Present and Future Estates. In this first part of a two-part series, we discuss the default property interest, the fee simple absolute and defeasible fees, along with the corresponding future interests. Next week we'll cover life estates, reversions, and remainders. In this episode, we discuss: The definition of present estates and future interests The fee simple absolute Types of defeasible fees Shifting and springing executory interests Examples illustrating the above concepts Resources: "Listen and Learn" series (https://barexamtoolbox.com/bar-exam-toolbox-podcast-archive-by-topic/bar-exam-toolbox-podcast-explaining-individual-mee-and-california-bar-essay-questions/#listen-learn) California Bar Examination – Essay Questions and Selected Answers, July 2011 (https://nwculaw.edu/pdf/bar/July%202011%20Essays%20and%20Sample%20Answers.pdf) California Bar Examination – Essay Questions and Selected Answers, July 2015 (https://www.calbar.ca.gov/Portals/0/documents/admissions/gbx/July2015_CBXSelectedAnswers_EssayQuestions1-6_R.pdf) Podcast Episode 39: Tackling a California Bar Exam Essay: Real Property (https://barexamtoolbox.com/podcast-episode-39-tackling-a-california-bar-exam-essay-real-property/) Podcast Episode 65: Tackling an MEE Real Property Essay Question (https://barexamtoolbox.com/podcast-episode-65-tackling-an-mee-real-property-essay-question/) Download the Transcript (https://barexamtoolbox.com/episode-250-listen-and-learn-present-and-future-estates-part-1/) If you enjoy the podcast, we'd love a nice review and/or rating on Apple Podcasts (https://itunes.apple.com/us/podcast/bar-exam-toolbox-podcast-pass-bar-exam-less-stress/id1370651486) or your favorite listening app. And feel free to reach out to us directly. You can always reach us via the contact form on the Bar Exam Toolbox website (https://barexamtoolbox.com/contact-us/). Finally, if you don't want to miss anything, you can sign up for podcast updates (https://barexamtoolbox.com/get-bar-exam-toolbox-podcast-updates/)! Thanks for listening! Alison & Lee