Present Possessory Interests

Question 1

Fee Simple Absolute

Answer 1

To A and his Heirs or to A

asbolute ownership

freely alienable durin life

freely divisible in will

Question 2

Life Estate

Answer 2

To A for Life

A is life tenant. Reversion in O.

Must be in terms of life not years

Life Estate per autre vie = life estate measured by another’s life. O still reversion at end

Question 3

life estate and waste

Answer 3

voluntary waste - overt conduct that cuases drop in value

permissive - falls into disrepair. There is an obligation to repair

ameliorative wast e- can’t unilterally enhance premise value unless all future interests consent

Question 4

Fee Simple Determinable

Answer 4

For so ong as

until

while during
automatically reverts to the grantor

when the aciton is triggerd you forfeit the estate

need clear durational language + clear statement of reentry. THe statement of reentry is the power of termination but not automatically terminated

Question 5

Fee Simpel Subject to shifting executory interest

Answer 5

to A for so long as … and if not… to B

TO A, but if …., to B

divets interest in a third party

divsts in third party and not grantor