ELFI Ch 8.txt

Card Set Information

Author:
dschnelldavis
ID:
39288
Filename:
ELFI Ch 8.txt
Updated:
2010-10-03 12:48:20
Tags:
Law Property
Folders:

Description:
Estates in Land and Future Interests, Chapter 8
Show Answers:

Home > Flashcards > Print Preview

The flashcards below were created by user dschnelldavis on FreezingBlue Flashcards. What would you like to do?


  1. 8.1: Which kind of executory interest divests the grantor?
    Springing executory interest
  2. 8.2: Which kind of executory interest follows a grantee?
    Shifting executory interest
  3. 8.3: O to A; however, if B obtains her Ph.D., then to B and her heirs.
    What are the complete names of every interest held by someone?
    Does anyone have an executory interest?
    Is it a shifting and springing executory interests?
    • A: possessory estate in fee simple subject to an executory limitation
    • B: shifting executory interest in fee simple absolute
  4. 8.4: O to A for life, then to A's oldest child for life, provided that if A or A's oldest child should join a cult during either of the life estates, then to C for life.
    A has one child, B.
    What are the complete names of every interest held by someone?
    Does anyone have an executory interest?
    Is it a shifting and springing executory interests?
    • A: possessory estate in life estate subject to an executory limitation
    • B: vested remainder in life estate subject to an executory limitation
    • C: Shifting executory interest in life estate
    • O: reversion in fee simple absolute
  5. 8.5: O to A when A reaches 30.
    A is 16.
    What are the complete names of every interest held by someone?
    Does anyone have an executory interest?
    Is it a shifting and springing executory interests?
    • O: possessory estate in fee simple subject to an executory limitation
    • A: springing executory interest in fee simple absolute
  6. 8.6: O "to my brother if and when he survives his wife."
    What are the complete names of every interest held by someone?
    Does anyone have an executory interest?
    Is it a shifting and springing executory interests?
    O: possessory estate in fee simple subject to an executory limitation O's brother: springing executory interest in fee simple absolute
  7. 8.7: O to A for life, then to B, on condition that B never uses illegal drugs, and if B uses illegal drugs, then his interest will cease and be replaced by an estate to C and her heirs.
    What are the complete names of every interest held by someone?
    Does anyone have an executory interest?
    Is it a shifting and springing executory interests?
    • A: possessory estate in life estate
    • B: a vested remainder (subject to divestment) in fee simple subject to executory limitation
    • C: shifting executory interest in fee simple absolute
  8. 8.8: T devises "to A for life, then to B, but if B should ever use the property as a rental, then to C."
    What are the complete names of every interest held by someone?
    Does anyone have an executory interest?
    Is it a shifting and springing executory interests?
    • A: possessory estate in life estate
    • B: vested remainder in fee simple subject to an executory limitation
    • C: shifting executory interest in fee simple absolute
  9. 8.9: O to A for 2 years, then to B if B clears the property of all of the garbage A leaves behind.
    What are the complete names of every interest held by someone?
    Does anyone have an executory interest?
    Is it a shifting and springing executory interests?
    • A: possessory estate in a term of years
    • O: reversion in fee simple subject to an executory limitation
    • B: springing executory interest in fee simple absolute
  10. 8.10: O to A for life, then to B and her heirs if B probates A's estate.
    What are the complete names of every interest held by someone?
    Does anyone have an executory interest?
    Is it a shifting and springing executory interests?
    • A: possessory estate in life estate
    • O: reversion in fee simple subject to an executory limitation
    • B: springing executory interest in fee simple absolute
  11. 8.11: O to A for life, then one day later, to C and his heirs.
    What are the complete names of every interest held by someone?
    Does anyone have an executory interest?
    Is it a shifting and springing executory interests?
    • A: possessory estate in life estate
    • O: reversion in fee simple subject to an executory limitation
    • C: springing executory interest in fee simple absolute
  12. 8.12: O to A for life, then to A's youngest son for life or until he ceases to use the property for his primary residence.
    A has two sons.
    What are the complete names of every interest held by someone?
    Does anyone have an executory interest?
    Is it a shifting and springing executory interests?
    • A: possessory estate in life estate A's youngest son: contingent remainder in life estate determinable (the holder is unascertained because A might have more children).
    • O: reversion in fee simple absolute
  13. 8.13: O to A for 10 years, then to B, provided that B never allows a meeting of the Green Party to occur on the property.
    What are the complete names of every interest held by someone?
    Does anyone have an executory interest?
    Is it a shifting and springing executory interests?
    • A: possessory estate in a term of years
    • B: vested remainder in fee simple subject to a condition subsequent
    • O: right of entry in fee simple absolute
  14. 8.14: O to A for life, then to B if B delivers a eulogy at A's funeral.
    What are the complete names of every interest held by someone?
    Does anyone have an executory interest?
    Is it a shifting and springing executory interests?
    • A: possessory estate in life estate
    • O: reversion in fee simple subject to an executory limitation
    • B: springing executory interest in fee simple absolute

What would you like to do?

Home > Flashcards > Print Preview