Non-Freehold Estates and Future Interests in Property Law

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What type of estate is characterized by being the largest and having no conditions?

Fee Simple Subject to a Condition

Fee Simple Absolute (correct)

Life Estate

Fee Simple Determinable

What is the type of future interest that becomes effective after a condition is violated and the grantor chooses to take possession?

Right of Entry (correct)

Possibility of Reverter

Reversion

Executory Interest

What is the term for the type of language that is used to convey a life estate, such as 'for life' or 'during the lifetime of'?

Executory Language

Condition Language

Reverter Language

Duration Language (correct)

What is the result of a grant 'to A and the heirs of her body' in the modern approach?

A gets a present interest and the heirs of her body get nothing Signup and view all the answers

What is the type of estate that terminates at a specific event, and the grantor or her heirs or devisees automatically become the owner of the property once the event is triggered?

Fee Simple Determinable Signup and view all the answers

What is the term for the type of future interest that goes to someone other than the grantor when a condition is violated?

Executory Interest Signup and view all the answers

What is the characteristic of a Fee Simple Absolute?

It is an estate that has no possible termination condition. Signup and view all the answers

What is the difference between a Shifting Executory Interest and a Springing Executory Interest?

Shifting is from grantee to grantor, while Springing is from grantor to grantee. Signup and view all the answers

What is the characteristic of a Contingent Remainder?

It can only occur in expectation of natural death. Signup and view all the answers

What is the Traditional Rule regarding Contingent Remainders?

Destroy the contingent interest if it does not vest before the termination of the preceding life estate. Signup and view all the answers

What is the difference between a Fee Simple Determinable and a Fee Simple Subject to Condition Subsequent?

Fee Simple Determinable is an estate that terminates at the happening of a specified event, while Fee Simple Subject to Condition Subsequent is an estate that terminates at the death of the grantee. Signup and view all the answers

What is the characteristic of a Future Interest connected with a Present Estate?

It is a type of future interest that can vest at a specified event or upon the death of the grantee or grantor. Signup and view all the answers

What type of LE is created when a grantor conveys property to a grantee with a possibility of termination?

LE Subject to Executory Limitation Signup and view all the answers

In a Shelley's Case scenario, what interest does A's heirs have?

Nothing Signup and view all the answers

What is the purpose of the Doctrine of Waste?

To prevent present possessory owners from unreasonably damaging the estate Signup and view all the answers

What type of LE is created when a grantor conveys property to a grantee with a condition that, if not met, reverts the property back to the grantor?

LE Subject to Condition Subsequent Signup and view all the answers

What happens to the interest in O's heirs in a Doctrine of Worthier Title scenario?

It is converted to an interest in O Signup and view all the answers

What type of LE is created when a grantor conveys property to a grantee with a specific duration, such as 'until' or 'as long as'?

LE Determinable Signup and view all the answers