Fee Simple Subject to Executory Limitation Flashcards Preview

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Flashcards in Fee Simple Subject to Executory Limitation Deck (4):
1

Using A and B as the parties, what sort of language creates a FSSEL?

To A, but if X event occurs, then to B.

2

To Barry Manilow, but if Manilow ever performs music on the premises, then to Mandy.

Barry has?

Mandy has?

Barry has a FSSEL (to Mandy's shifting executory interest)

Mandy has a shifting executory interest

3

What is the future interest accompanying a FSSEL?

Shifting executory interest

4

How does FSSEL differ from a FSD?

If the condition is broken, the estate is automatically forfeited in favor of someone other than the grantee.