Non-Freehold Estates and Future Interests in Property Law
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Questions and Answers

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?

    <p>A gets a present interest and the heirs of her body get nothing</p> 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?

    <p>Fee Simple Determinable</p> 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?

    <p>Executory Interest</p> Signup and view all the answers

    What is the characteristic of a Fee Simple Absolute?

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

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

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

    What is the characteristic of a Contingent Remainder?

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

    What is the Traditional Rule regarding Contingent Remainders?

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

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

    <p>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.</p> Signup and view all the answers

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

    <p>It is a type of future interest that can vest at a specified event or upon the death of the grantee or grantor.</p> 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?

    <p>LE Subject to Executory Limitation</p> Signup and view all the answers

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

    <p>Nothing</p> Signup and view all the answers

    What is the purpose of the Doctrine of Waste?

    <p>To prevent present possessory owners from unreasonably damaging the estate</p> 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?

    <p>LE Subject to Condition Subsequent</p> Signup and view all the answers

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

    <p>It is converted to an interest in O</p> 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'?

    <p>LE Determinable</p> Signup and view all the answers

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