Cal. Civ. Code § 767 : CALIFORNIA CIVIL CODE — PROPERTY — REAL OR IMMOVABLE PROPERTY — ESTATES IN REAL PROPERTY — ESTATES IN GENERAL — Future estate limited TEXT PDF A future estate may be limited by the act of the party to commence in possession at a future day, either without the intervention of a precedent estate, or on the termination, by lapse of time or otherwise, of a precedent estate created at the same time. Ca. Civ. Code § 767 Enacted 1872.