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29 Cards in this Set
- Front
- Back
4-1 What future interest remains after 0 conveys a fee simple absolute?
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None.
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4-2 If the future interest following a life estate is in the grantor, what is it called?
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Reversion.
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4-3 If the future interest following a term of years is in the grantor, what is it called?
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Reversion.
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4-4 If the future interest following a fee simple determinable is in the grantor, what is it called?
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Possibility of reverter.
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4-5 If the future interest following a fee simple subject to a condition subsequent is in the grantor, what is it called?
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Right of entry.
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4-6 If the future interest following a life estate determinable is in the grantor, what is it called?
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Reversion.
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4-7 If the future interest following a term of years subject to a condition subsequent is in the grantor, what is it called?
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Reversion.
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4-8 What is the name of the grantor's future interest that "waits patiently" for the prior estate to "end naturally"?
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Reversion.
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4-9 What is the name of the grantor's future interest that can interrupt the prior estate, causing it to end early?
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Right of entry.
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4-10 A grantor can have three future interests: a reversion, a possibility of reverter, and a right of entry. Which two operate, automatically, .. without any action by the grantor?
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Reversion and possibility of reverter.
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4-11 State the complete name for the grantor's future interest.
0 to A so long as A does not divorce B, then back to O. |
0 to A so long as A does not divorce B, I then back to O.
A: Possessory estate in fee simple determinable. 0: Possibility of reverter in fee simple absolute. |
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4-12 State the complete name for the grantor's future interest.
0 to A and her heirs so long as A does not divorce B, but if A divorces B, then back to O. |
0 to A and her heirs so long as A does not divorce B, I but if A divorces B, then back to O.
A: Possessory estate in fee simple determinable. 0: Possibility of reverter in fee simple absolute. |
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4-13 State the complete name for the grantor's future interest.
0 to A and his heirs, but if A divorces B, then to O. |
0 to A and his/heirs, I but if A divorces B, then to O.
A: Possessory estate in fee simple subject to a condition subsequent. 0: Right of entry in fee simple absolute. |
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4-14 State the complete name for the grantor's future interest.
0 to A, on the condition that A does not divorce B. |
0 to A, I on the condition that A does not divorce B.
A: Possessory estate in fee simple subject to a condition subsequent. 0: Right of entry in fee simple absolute. |
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4-15 State the complete name for the grantor's future interest.
0 to A and his heirs, provided that A does not divorce B, then to O. |
0 to A and his heirs, provided that A does not divorce B, then to O.
A: Possessory estate in fee simple subject to a condition subsequent. 0: Right of entry in fee simple absolute. |
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4-16 State the complete name for the grantor's future interest.
0 to A until A divorces B, then back to O. |
0 to A until A divorces B, then back to O.
A: Possessory estate in fee simple determinable. 0: Possibility of reverter in fee simple absolute. |
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4-17 State the complete name for the grantor's future interest.
0 to A; however, if A divorces B, then to O. |
0 to A; I however, if A divorces B, then to O.
A: Possessory estate in fee simple subject to a condition subsequent. 0: Right of entry in fee simple absolute. |
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4-18 State the complete name for the grantor's future interest.
0 to A and her heirs while A refrains from divorcing B. |
0 to A and her heirs while A refrains from divorcing B.
A: Possessory estate in fee simple determinable. 0: Possibility of reverter in fee simple absolute. |
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4-19 State the complete name for the grantor's future interest.
0 to A and her heirs during the time that A refrains from divorcing B, then back to O. |
0 to A and her heirs during the time that A refrains from divorcing B, I then back to O.
A: Possessory estate in fee simple determinable. 0: Possibility of reverter in fee simple absolute. |
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4-20 State the complete name for the grantor's future interest.
0 to A. (Assume modern law.) |
0 to A. , (Assume modern law.)
A: Possessory estate in fee simple absolute. 0: No interest. |
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4-21 State the complete name for the grantor's future interest.
0 to A, provided that A never drills for oil on the property. |
0 to A, provided that A never drills for oil on the property.
A: Possessory estate in fee simple subject to a condition subsequent. 0: Right of entry in fee simple absolute. |
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4-22 State the complete name for the grantor's future interest.
0 to A and his heirs for so long as A cares for B on the premises. |
0 to A and his heirs for so long as A cares for B on the premises. A: Possessory estate in fee simple determinable.
0: Possibility of reverter in fee simple absolute. |
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4-23 State the complete name for the grantor's future interest.
0 to A for life or until B graduates from medical school. |
0 to A for life or until B graduates from medical school.
A: Possessory estate in life estate determinable. 0: Reversion in fee simple absolute. |
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4-24 State the complete name for the grantor's future interest.
0 to A and the heirs of his body. |
0 to A and the heirs of his body. I
A: Possessory estate in fee tail. 0: Reversion in fee simple absolute. |
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4-25 State the complete name for the grantor's future interest.
0 to A for life, on condition that A never sells alcohol on the property. |
0 to A for life, on condition that A never sell alcohol on the property.
A: Possessory estate in life estate subject to a condition subsequent. 0: Reversion in fee simple absolute. |
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4-26 State the complete name for the grantor's future interest.
0 to A from September 1, 2002, until August 31, 2008. |
0 to A from September I, 2002, until August31, 2008.
A: Possessory estate in a term of years. 0: Reversion in fee simple absolute. |
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4-27 State the complete name for the grantor's future interest.
0 to A for 30 years while A resides on the premises. |
0 to Afor 30 years while A resides on the premises. I
A: Possessory estate in a term of years determinable. 0: Reversion in fee simple absolute. |
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4-28 State the complete name for the grantor's future interest.
0 to A for the life of B. |
0 to A for the life of B. I
A: Possessory estate in a life estate pur autre vie. 0: Reversion in fee simple absolute. |
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4-29 State the complete name for the grantor's future interest.
0 to A and the heirs of her body so long as the land is farmed, but if the land ceases to be farmed, then back to O. |
0 to A and the heirs of her body so long as the property is farmed, I but if the land ceases to be farmed, then back to O.
A: Possessory estate in fee tail determinable. 0: Reversion in fee simple absolute. |