Ownership Flashcards
1
Q
FSA
A
100% ownership forever (whole wheel of cheessde)
2
Q
Life Estate
A
Rights and control for life.
CANNOT commit waste.
“O to A for life”
3
Q
Life Estate Holder Obligations
A
4
Q
Remainder
A
5
Q
Vested Remainder
A
6
Q
Contingent Remainder
A
7
Q
VRS2O
A
8
Q
VRS2TD
A
9
Q
FSD
A
10
Q
PoR
A
11
Q
FSS2CS
A
12
Q
RoR
A
13
Q
RAP
A
14
Q
JT
A
15
Q
TiC
A