(a) Future estates are divided into:

(1) Estates left in the creator, consisting of:

(A) Reversions.

(B) Possibilities of reverter.

(C) Rights of reacquisition.

(2) Estates in favor of a person other than the creator, namely remainders, that are:

(A) Indefeasibly vested.

(B) Vested subject to open.

(C) Vested subject to complete defeasance.

(D) Subject to a condition precedent.