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.