Which of the following is NOT a type of estate mentioned in real property law?

The term "Hereditary Estate" is not a recognized type of estate in real property law, which focuses instead on various established classifications. The other options represent well-defined legal concepts that govern the rights and interests associated with real estate.

Real Property refers to the land and any structures attached to it, and it encompasses all types of estates created under law. Fee Simple Conditional denotes an estate that may be taken away under certain conditions, establishing specific legal rights subject to those conditions. A Life Estate grants the holder the right to use and occupy a property for the duration of their life, transferring the property back to another party upon their death.

By confirming that "Hereditary Estate" is not a designated estate within real property law, it highlights the importance of understanding specific terminologies and classifications recognized in legal contexts.