Exam 2 - Property Flashcards

1
Q

FEE SIMPLE ABSOLUTE

A

“To A and her heirs”

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2
Q

FEE SIMPLE DETERMINABLE

A

“So long as” while, until, during

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3
Q

FEE SIMPLE SUBJECT TO A CONDITION SUBSEQUENT

A

“Provided that, but if, condition that…

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4
Q

SUBJECT TO EXECUTORY LIMITATION

A

3rd Party will take away property

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5
Q

O gives Blackacre “to A for life.” Then A gives his interest to B

A

A - has life estate
B has life estate measured by A’s life, indefeasible
O - Reversion in fee simple absolute

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6
Q

O gives Blackacre “To A for life, then to B and her heirs.”

A

A has life estate indefeasible
B - Vested remainder in fee simple absolute

(O gets nothing because it is fee simple absolute and is vested)

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7
Q

O gives Blackacre “to A for life, then to B and her heirs if B attains the age of 21 before A dies.”

A

A - has life estate indefeasible (A can’t lose it before A dies)
B - Contingent remainder fee simple absolute
O - Reversion in fee simple absolute

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8
Q

O gives Blackacre “to A for life, BUT IF the old oak tree falls, O may enter and take the property back.”

A

A - has life estate subject to condition subsequent

O - Right of entry in life estate indefeasible and/or Reversion in fee simple absolute

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9
Q

O gives Blackacre “to A for life, then to B and her heirs, but if A divorces, then, on the divorcee, to C.”

A

A - has life estate subject to executory limitation
B - Vested remainder, has fee simple subject to executory limitation
C - Executory interest in fee simple absolute

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10
Q

O gives Blackacre “to A for life, then to B, with both estates to continue only so long as C does not get married

A

A- has life estate determinable
B - Vested remainder fee simple determinable (b/c B is waiting patiently for A to die)
C - Reversion in fee simple absolute

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