E + I Problems Flashcards
O grants Blackacre “to A so long as A does not serve alcohol on Blackacre.”
O’s future interest is called:
Possibility of Reverter
O grants Blackacre “to A, but if A serves alcohol on Blackacre, then back to O.”
O’s future interest is called…
Right of Entry
O, who owns a fee simple absolute in Blackacre, conveys Blackacre “to A for life.” A subsequently conveys “all my right, title, and interest in Blackacre to B.” Several years later, B dies. A is still alive. What is the state of title in Blackacre?
B’s successors in interest have a life estate pur autre vie (A’s life) with a reversion in fee simple absolute to O.
O, who owns a fee simple absolute in Blackacre, conveys Blackacre “to A for life, then to B if B survives A, but if A survives B then to C.” What will the state of Blackacre’s title be if B dies and A survives?
A has a life estate, and C has a vested remainder in fee simple absolute.
Consider the following grant. “To A for life, then to B, but if B stops using Blackacre as a farm, then to C.”
Describe C’s interest.
Shifting executory interest in fee simple absolute
Consider the following grant. “To A for life, then to B, but if B stops using Blackacre as a farm, then to C.”
Describe B’s interest
Vested remainder in FSA subject to an executory limitation