Assigns/Restraints/etc Flashcards
Assignment, draw it out in your head
LL with K between T2- T2 with K between T1- T1 with privity of estate with LL
Sublets: Draw it out in your head
Unconnected triangle: LL has K and E with T1- T1 has K and K with T2- T2 and LL have no relationship.
Testamentary Gift
A gift in a will
Manual Delivery
Donor physically transfers possession
Constructive delivery
Donor transfers object that provides access to gift… key to storage unit
Symbolic delievery
physcially transfers to the donee an object that reps the gifted item
So long as,
Determinable
while
determinable
but if
condition sub
Poss of reverter what defesiable fee?
Determinable
on condition that
cond sub
during
determinable
right of entry what def fee?
Cond Sub
provided that
cond. sub
until
cond. sub