Future Interests

Question 1

Language which indicates fee simple determinable

Answer 1

so long as, until, during, while

Question 2

Language which indicates fee simple subject to condition subsequent

Answer 2

provided, however, but if, on the condition that

Question 3

definition of fee simple determinable

Answer 3

grantor conveys the property only for a limited time

creates the possibility of reverter - land AUTO returns to owner

Question 4

definition of fee simple subject to condition subsequent

Answer 4

grantor makes an unrestricted grant and then follows it with an attached string

creates a right of entry - land can return to the grantor if they take legal action

Question 5

fee simple subject to executory limitation

Answer 5

a fee simple that is divested or shifted from one transferee to another transferee upon the occurrence of some future event

FS subject to condition subsequent AND FS determinable become a FS subject to executory limitation if the future interest is transferred to a third party instead of grantor