Lecture 6 - The Fee Simple Flashcards

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1
Q

What is the key point about the fee simple?

A

All land held by someone somewhere in fee simple

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2
Q

What are the two basic features of a fee simple estate?

A
  1. Freely alienable
  2. Heritable
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3
Q

What are the two types of modified fee simple?

A
  1. Fee simple conditional - Artificial/unnatural cutting off
  2. Fee simple determinable - Natural end following the occurrence of a determining event
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4
Q

What are the two subcategories of fee simple conditional?

A
  1. Condition precedent
  2. Condition subsequent
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5
Q

What is the current law on future interests?

A

Banned under 2009 Act (for FS determinable)

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6
Q

What right does the grantor have with a conditional FS?

A

Right of entry for condition broken

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7
Q

s51 Conveyancing Act 1881

A

“to A in fee simple” – passes the fee simple

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8
Q

Wills Act 1837

A

Created a statutory presumption that a bequest of land was to be regarded as being in fee simple unless the contrary appeared on the face of the will

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9
Q

What is the rule in Shelly’s Case

A

 Applies in a very special circumstance – Conveyance “to A for life, remainder to A and his heirs”
 Ignore “the words to A for life”
 This was read as giving A the fee simple immediately.
 There is no life estate

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10
Q

s67 2009 Act

A

 Words of limitation are no longer required to pass the fee simple.
 There is a presumption that any will/deed will pass the greatest interest in the land which the testator/grantor has to give unless the contrary appears.

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