An estate in land is an interest in real property that is or may become possessory.
This should be distinguished from an "estate" as used in reference to an area of land, and "estate" as used to refer to property in general.
In property law, the rights and interests associated with an estate in land may be conceptually understood as a "bundle of rights" because of the potential for different parties having different interests in the same real property.
Read more about Estate In Land: Categories of Estates
Famous quotes containing the words estate and/or land:
“Not a flock of wild geese cackles over our town, but it to some extent unsettles the value of real estate here, and, if I were a broker, I should probably take that disturbance into account.”
—Henry David Thoreau (1817–1862)
“O land of manure and mist, of dirty, cold rain.”
—Petrus Augustus De Genestet (1829–1861)