Chapter 4 Flashcards
What future interest remains after O conveys a fee simple absolute?
None.
If the future interest following a life estate is in the grantor, what is it called?
Reversion.
If the future interest following a term of years is in the grantor, what is it called?
Reversion.
If the future interest following a fee simple determinable is in the grantor, what is it called?
Possibility of reverter.
If the future interest following a fee simple subject to a condition subsequent is in the grantor, what is it called?
Right of entry.
If the future interest following a life estate determinable is in the grantor, what is it called?
Reversion.
If the future interest following a term of years subject to a condition subsequent is in the grantor, what is it called?
Reversion.
What is the name of the grantor’s future interest that “waits patiently” for the prior estate to “end naturally”?
Reversion.
What is the name of the grantor’s future interest that can interrupt the prior estate, causing it to end early?
Right of entry.
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?
Reversion and possibility of reverter.
Add the complete name for the grantor’s future interest.
O to A so long as A does not divorce B, | then back to O.
A: possessory estate in fee simple determinable.
O: possibility of reverter in fee simple absolute.
Add the complete name for the grantor’s future interest.
O to A and her heirs so long as A does not divorce B, | but if A divorces B, then back to O.
A: possessory estate in fee simple determinable.
O: possibilty of reverter in fee simple absolute.
Add the complete name for the grantor’s future interest.
O to A and his heirs, | but if A divorces B, then to O.
A: possessory estate in fee simple subject to a condition subsequent.
O: right of entry in fee simple absolute.
Add the complete name for the grantor’s future interest.
O to A, | on the condition that A does not divorce B.
A: possessory estate in fee simple subject to a condition subsequent.
O: right of entry in fee simple absoute.
Add the complete name for the grantor’s future interest.
O 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.
O: right of entry in fee simple absolute.
Add the complete name for the grantor’s future interest.
O to A until A divorces B, | then back to O.
A: possessory estate in fee simple determinable.
O: possibility of reverter in fee simple absolute.
Add the complete name for the grantor’s future interest.
O to A; | however, if A divorces B, then to O.
A: possessory estate in fee simple subject to a condition subsequent.
O: right of entry in fee simple absolute.
Add the complete name for the grantor’s future interest.
O to A and her heirs during the time that A refrains from divorcing B, | then back to O.
A: possessory estate in fee simple determinable.
O to A and her heirs during the time that A refrains from divorcing B, | then back to O.
A: possessory estate in fee simple determinable.
O: possibility of reverter in fee simple absolute.
Add the complete name for the grantor’s future interest.
O to A and her heirs during the time that A refrains from divorcing B, | then back to O.
A: possessory estate in fee simple determinable.
O: possibility of reverter in fee simple absolute.
Add the complete name for the grantor’s future interest.
O to A. | (Assume modern law)
A: possessory estate in fee simple absolute.
O: no interest.
Add the complete name for the grantor’s future interest.
O to A, | provided that A never drills for oil on property.
A: possessory estate in fee simple subject to a condition subsequent.
O: right of entry in fee simple absolute.
Add the complete name for the grantor’s future interest.
O to A and his heirs for so long as A cares for B on the premises. |
A: possessory estate in fee simple determinable.
O: possibility of reverter in fee simple absolute.
Add the complete name for the grantor’s future interest.
O to A for life or until B graduates from medical school. |
A: possessory estate in life estate determinable.
O: reversion in fee simple absolute.
Add the complete name for the grantor’s future interest.
O to A and the heirs of his body. |
A: possessory estate in fee tail.
O: reversion in fee simple absolute.
Add the complete name for the grantor’s future interest.
O to A for life, | on the condition that A never sells alcohol on the property.
A: possessory estate in life estate subject to a condition subsequent.
O: reversion in fee simple absolute.
Add the complete name for the grantor’s future interest.
O to A from September 1, 2002, until August 31, 2008. |
A: possessory estate in a term of years.
O: reversion in fee simple absolute.
Add the complete name for the grantor’s future interest.
O to A for 30 years while A resides on the premises. | A: possessory estate in a term of years determinable.
O: reversion in fee simple absolute.
Add the complete name for the grantor’s future interest.
O to A for the life of B.
A: possessory estate in a life estate pur autre vie.
O: reversion in fee simple absolute.
Add the complete name for the grantor’s future interest.
O 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.
A: possessory estate in fee tail determinable.
O: reversion in fee simple absolute.