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


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.