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 word land:
“Land of opportunity, land for the huddled masses—where would the opportunity have been without the genocide of those Old Guard, bristling Indian tribes?”
—Edward Hoagland (b. 1932)