Real Property for Dummies...me included Part II

So, I left you with this horribly confusing dictionary definition of Real Property that is really strange.

real property n. 1) all land, structures, firmly attached and integrated equipment (such as light fixtures or a well pump), anything growing on the land, and all "interests" in the property which may be the right to future ownership (remainder), right to occupy for a period of time (tenancy or life estate) the right to drill for oil, the right to get the property back (a reversion) if it is no longer used for its current purpose (such as use for a hospital, school or city hall), use of airspace (condominium) or an easement across another's property. Real property should be thought of as a group of rights like a bundle of sticks which can be divided. It is distinguished from the other type of property, personal property, which is made up of movable items. 2) one of the principal areas of law like contracts, negligence, probate, family law and criminal law.

That part I want to focus in on in this blog is:

"and all "interests" in the property which may be the right to future ownership (remainder),

What does that mean in the language of "I am not a lawyer" and Sarah is not either?

:)

It means that the right to determine the "future use of the property "is included in the definition of "property". For example, you can't sell a house and then knock on the door 10 years later and demand that it is yours to will to your children. When you sell the property, you are selling your right to whine or determine how that property is used.