When thinking about real property estates in time, referring to your textbook, provide the names of the major categories of estates in time. Describe your understanding of each of these categories and explain any variants within that category (a category may consist of just one thing or may have two or more things within that category) - for example, what they are, what they practically mean to someone who possesses one of these, how each is different from the others, etc. When asked to describe or explain something, I usually ask for THREE features or aspects per thing.

Name a PRO or a CON for each of the things you describe. Of these, which would you recommend to someone and why?

(Note: - This is the whole question provided. The textbook used for the question is The Law and Business Administration in Canada, 15e (Smyth). Please help, it is urgent, Thank You!)

This question is worth 20 marks.