Foundational Marketabbility Flashcards

1
Q

Destructibility

A

1) Legal CR
2) Does not vest at or before the termination of the
3) Preceding freehold
4) (Land only)

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2
Q

Shelley’s

A

1) One instrument
2) Freehold in transferee
3) Subsequent VR or CR in transferee’s heirs
4) All equitable or all legal
5) In land

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3
Q

DWT

A

1) Inter vivos
2) R in EI
3) Transferor’s heirs
4) (historic in land) Modern to all property

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