The Fee Simple Determinable Flashcards

1
Q

To create a FSD, the grantor must use what type of language?

A

Clear durational language

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2
Q

If the stated condition in a FSD is violated, forfeiture is . . .

A

Automatic

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3
Q

What does “defeasible” mean?

A

Able to be forfeited

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4
Q

How is a FSD like a FSA? How is it different?

A

Both are devisable, descendable, and alienable.

FSDs are always subject to a condition.

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5
Q

Paul conveys Blackacre “to Ringo, so long as the premises are used as a recording studio.” Ringo has a what?

A

FSD

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6
Q

Paul conveys Blackacre “to Ringo, so long as the premises are used as a recording studio.” Ringo has a FSD. Suppose he conveys to Mick, who seeks to turn the recording studio into a bowling alley. May he do so? Explain?

A

No, not without forfeiting the estate.

You may convey less than what you have, but you can’t convey more. In other words, you can’t always get what you want.

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7
Q

What is the accompanying future interest in an FSD?

A

Possibility of reverter in the grantor

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8
Q

How does Frank Sinatra relate to FSDs? What is the scenario and what is the acronym?

A

Frank hates Orville Rednebacher popcorn and coneys property to Orville “so long as popcorn is never made on the premises.” Orville has a FSD and Frank has a possibility of reverter.

FSDPOR. Frank Sinatra didn’t prefer Orville Redenbacher. OR Fee Simple Determinable (contains the) Possibility of Reverter.

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