Ownership/ Present Estates Flashcards
1
Q
When an ownernship terminates if a condition occurs and passes automatically to grantors
“as long as” “until”
A
Fee Simple Determinible
2
Q
When the condition occurs the grantor can exercise a right to re-entry
A
Fee Simplesubj to Condition subsequent
3
Q
when the grantors places a restraint on the grantor’s ability to freely transfer
A
Restraint on Allenation
