Dividing Rights in Land by Use Flashcards
Do interests change their name when they pass from one person to another?
They can change names as events occur but they do not change names as one passes them along to another person
What are the 3 rules of seisin?
- No abeyance (a state of temporary disuse)- seisin has to be somewhere, tied to someone all the time
- No springing in futuro- there is an event/ ceremony for the delivery of seisin, during which the seisin will pass or not pass at all
- No shifting from grantee1 to grantee2 by a condition divesting grantee1- no conditions in strangers- the condition cannot terminate the estate at the hands of grantee1 and turn the seisin over to grantee2
Before and after 1536, can a freehold future interest in a transferee, be a remainder if it could cause seisin to spring from O in the future (“no springing in futuro”)?
No
Before and after 1536, can a freehold future interest in a transferee, be a remainder if it cut short a previous estate by a condition (causes seisin to shift from one vested transferee to another at the unnatural termination of the preceding estate)?
No. “No conditions in strangers”
Before and after 1536, can a freehold future interest in a transferee, be a remainder if it follow a vested fee simple?
No. Nothing in a vested transferee could follow a fee simple
What are the 2 situations in which remainders are contingent?
- there is no ascertainable taker Or
- the interest is subject to an unsatisfied condition precedent other than the natural termination of the preceding estate
When is a condition considered to be “precedent”?
it depends on where it is in the sentence compared to the grant to the remainder person- it is a precedent if:
• it appears before the taker of the interest or
• is woven into the gift to the taker. (e.g., “to B if she reaches 21”)
If O conveys “to A for life, then to B for life, and then to C and C’s heirs.” What do A, B, and C have?
A: has title to the life estate and is possessory now
B: remainder for life (future interest)
C: remainder in fee simple (future interest)
O conveys “to A for life, then in the event of A’s death to B for life, and after the death of both A and B then to C and C’s heirs.” Are there any conditions precedent? Are B’s and C’s remainders vested?
There are no conditions precedent. The “conditions” are surplusage because they merely describe the natural termination of the previous life estate (they do not add any new conditions)
They are vested.
O conveys “to A for life, then in the event of A’s death to B for life, and after the death of both A and B then to C and C’s heirs,” then C conveys C’s interest to O. What does O have?
O has a vested remainder in fee simple. O is the original grantor so it didn’t change names.
O conveys “to A for life, then in the event of A’s death to B for life, and after the death of both A and B then to C and C’s heirs,” then C conveys C’s interest to O but O retained an interest, what does O have?
O would have a reversion or some reversionary interest
: O conveys “to A for life, then to A’s children and
their heirs.” A has no children.
Is there a remainder?
Yes
O conveys “to A for life, then to A’s children and
their heirs.” A has no children. What kind of remainder is there and who holds the remainder?
- it’s a contingent remainder in fee simple because the person who’s going to take is not ascertained (there is no child of A)
- it’s “held in the bosom of the law” waiting for someone to take it
O conveys “to A for life, then to A’s children and
their heirs.” A has no children.
Does O have anything?
Yes, he has a reversion because O hasn’t given away all of his rights
O had a vested fee simple, he transferred an interest in fee simple, but O did not transfer a vested interest in fee simple
O conveys “to A for life, then to A’s children and
their heirs.” Next, B is born to A.
What does B have?
B has a vested remainder in fee simple subject to open
It’s a future interest.
Vested because we now can point to the person who is going to take it.
Open because it is possible another child will be born