1. (a) A freehold estate and a chattel real may be created to begin at a future day.

2. (b) An estate for life:

   1. (1) may be created in a term of years with or without the intervention of a precedent estate; and
   2. (2) a remainder may be limited on the estate for life.

3. (c) A remainder of a freehold or a chattel real, either contingent or vested, may be created, expectant on the termination of a term of years.

   [Pre-2002 Recodification Citation: 32-1-2-34.]

As added by P.L.2-2002, SEC.2.