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Questions and Answers
What type of estate is characterized by being the largest and having no conditions?
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?
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'?
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?
What is the result of a grant 'to A and the heirs of her body' in the modern approach?
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?
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?
What is the term for the type of future interest that goes to someone other than the grantor when a condition is violated?
What is the term for the type of future interest that goes to someone other than the grantor when a condition is violated?
What is the characteristic of a Fee Simple Absolute?
What is the characteristic of a Fee Simple Absolute?
What is the difference between a Shifting Executory Interest and a Springing Executory Interest?
What is the difference between a Shifting Executory Interest and a Springing Executory Interest?
What is the characteristic of a Contingent Remainder?
What is the characteristic of a Contingent Remainder?
What is the Traditional Rule regarding Contingent Remainders?
What is the Traditional Rule regarding Contingent Remainders?
What is the difference between a Fee Simple Determinable and a Fee Simple Subject to Condition Subsequent?
What is the difference between a Fee Simple Determinable and a Fee Simple Subject to Condition Subsequent?
What is the characteristic of a Future Interest connected with a Present Estate?
What is the characteristic of a Future Interest connected with a Present Estate?
What type of LE is created when a grantor conveys property to a grantee with a possibility of termination?
What type of LE is created when a grantor conveys property to a grantee with a possibility of termination?
In a Shelley's Case scenario, what interest does A's heirs have?
In a Shelley's Case scenario, what interest does A's heirs have?
What is the purpose of the Doctrine of Waste?
What is the purpose of the Doctrine of Waste?
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?
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?
What happens to the interest in O's heirs in a Doctrine of Worthier Title scenario?
What happens to the interest in O's heirs in a Doctrine of Worthier Title scenario?
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'?
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'?
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