Property I- Future Interests Ch.1 Vocab (Guide)

Question 0

Grantee

Answer 0

The person receiving the grant from”O”, or, the person to whom “O” is conveying. (Or “A”)

Question 1

Grantor

Answer 1

The person who is conveying (granting) an interest in the land to someone else.

Question 2

Testator

Answer 2

The estate of a person who died with a will. (Or “T”)

Question 3

Successors in interest

Answer 3

Anyone to whom a person has given or sold the interest

Question 4

Decedent

Answer 4

A dead person

Question 5

Testate

Answer 5

When decedent dies with a will

Question 6

Intestate

Answer 6

When a decedent dies without a will

Question 7

Heirs

Answer 7

The people who inherit real property from a decedent who dies intestate (without a will). (Living people have no heirs, only heirs apparent)

Ex. Person’s spouse and children. If neither, grandchildren, parents, siblings, or other relatives.

Question 8

Devise

Answer 8

To pass real property by will.

Ex. Martin Crowe devised his property to his stepson.

Question 9

Devisee

Answer 9

The person receiving the property

Question 10

Difference between devisees and heirs

Answer 10

• devisees are beneficiaries under a will

- heirs inherit property not disposed of by a will

Question 11

Bequeath

Answer 11

To pass personal property by will.

Ex. A decedent who dies testate bequeaths his/her personal property to those named in the will.

Question 12

Bequest

Answer 12

The property itself is called this.

Question 13

Issue

Answer 13

A person’s lineal descendants all the way down the line. (To the point where the biological line dies out) includes children, grandchildren, great-grandchildren, etc.