Themis MBE Property Weakest/Highly Tested February 2023 Flashcards
1
Q
- What is the language to create a fee simple absolute?
- What is the future interest?
- Is it defeasible or indefeasible?
A
- “To A” or “To A and his heirs”
- none
- indefeasible
2
Q
Fee Simple Determinable
1. Name the language
2. How does it operate
3. Future Interest
A
- “so long as, “ “while,” “during,” “until”
- auto terminate when stated event occurs
- Future interest:
- grantor (or successor in interest) retains PoR;
- FI = 3rd party –> executory
3
Q
FS subject to condition subsequent (FSSCS)
A