Estates Future Interests Ch 5 Flashcards
1
Q
Fee Simple, Fee Simple Absolute, Fee Simple Defeasible
A
No rights retained or created in either transferor or transferee
2
Q
Fee Simple Determinable
A
Transferor: Possibility of Reverter
Transferee: NOTHING
3
Q
Fee Simple Subject to Condition Subsequent
A
Transferor: Right of Entry
Transferee: NOTHING
4
Q
Fee Simple Subject to Executory Interest
A
Transferor: NOTHING
Transferee: Executory Interest
5
Q
Fee Tail
A
Transferor: Reversion
Transferee: NOTHING
6
Q
Life Estate
A
Transferor: Reversion
Transferee: Remainder Executory Interest
7
Q
Term of Years
A
Transferor: Reversion
Transferee: Remainder Executory Interest
