Interpretation and Ambiguous language

Question 1

FSD ( future estate)
POR (future estate)

Answer 1

Fee simple determinate is a fee simple interest in property that may last forever or until the happening of a specified event (Duration )
Langauge is as long as, during, until, while….

possibility of reverter retained by grantor of property in the land transferred and which returns back to the grantor upon termination of the conveyed estate

Question 2

Fee simple absolute

Answer 2

infinity to A
to A and heirs

Question 3

Fee simple subject to condition subsequent ( Present estate)

Right of entry aka reentry power of termination ( Future estate)

Answer 3

words or a condition that provides a condition to the conveyance

Language
but, if, on condition, provided that ,

Question 4

Fee simple subject to executory limitation ( present estate)

Executory interest (future estate)

Answer 4

3rd party language
words of duration or condition
until, or, unless, then, to, but, if then

Question 4

Future estates

Answer 4

remainder, vested and contingent

Question 5

Wood v board of county commissioners of fremont county ambiguous language FSD reversion

Answer 5

Issue; fee simple determinable clearly state the estate will terminate if not used in accordance with the grant.

Holding: The grant must clearly state that the estate will expire after the happening of the event. The grant stated the condition but failed to state that the grant would not continue to be valid if the condition were not met.

Question 6

edward v bradley ambigious and fee simple subject to condition subsequent

Answer 6

Facts
Viva Parker Lilliston devised a farm to her daughter, Margaret Lilliston Edwards (Jones), in her will, with specific conditions outlined in the will. If Edwards attempted to encumber, sell her interest, or if her creditors attempted to claim her interest to satisfy debts, her interest would cease, and the property would vest in her children equally in fee simple. After Lilliston’s death, Edwards sought her children’s consent to sell the farm. Beverly Bradley, one of the children, refused, leading to a legal dispute over whether the will granted Edwards a fee simple estate or a life estate. After Edwards’s death, her will directed that the farm be sold and proceeds distributed among her other children, excluding Bradley, who received $1.00.
Issue
Did Viva Parker Lilliston’s will grant Margaret Lilliston Edwards a fee simple estate or a life estate in the farm, given the conditions set forth in the will?
Holding
The Virginia Supreme Court held that the will granted Edwards a life estate in the farm, with a remainder in fee simple to her six children upon her death, due to the conditions set forth in the will.

Question 7

Grantors / Grantees

Answer 7

Grantors
reversion, life estate
possibility of reverter
rights to re-entry

Grantees
remainder, vested, contingent
executory interest , springing, shifting

Question 8

vested remainder

Answer 8

subject to open
example;[ a class gift where some people in clas,s but more people may be added tot he class.

Question 9

contingent remainders

Answer 9

dont know who will get it

something has to happen to get it

Question 10

subject to divestment

Answer 10

vested now, but can lose of something that is not certain to happen occurs.

Question 11

contingent remainders

Answer 11

example O to A for life, then to B if she marries C
B is a contingent remainder because as long as B marries C she gets the satstifes the requirement for conveyance

Question 12

two types of vested

Answer 12

absoultely is soley
contingent is based on a condition

Question 13

transferor / transferee

Answer 13

transforor is giving property

the transferee is receiving property