Sec 33-202. Estates as property interest; freeholds; chattels real; chattel interests  


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  • A. Estates of inheritance and for life are freehold estates, except that an estate for the life of a third person, whether limited to heirs or otherwise, is a freehold only during the life of the grantee or devisee, and after his death is a chattel real.

    B. Estates for years are chattels real.

    C. Estates at will or by sufferance are chattel interests, but are not liable as such to sale on execution.