ELFI Ch 4.txt

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Author:
dschnelldavis
ID:
39293
Filename:
ELFI Ch 4.txt
Updated:
2010-10-03 12:55:24
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Law Property
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Description:
Estates in Land and Future Interests, Chapter 4
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  1. 4.1: What future interest remains after O conveys a fee simple absolute?
    None
  2. 4.2: If the future interest following a life estate is in the grantor, what is it called?
    Reversion
  3. 4.3: If the future interest following a term of years is in the grantor, what is it called?
    Reversion
  4. 4.4: If the future interest following a fee simple determinable is in the grantor, what is it called?
    Possibility of reverter
  5. 4.5: If the future interest following a fee simple subject to a condition subsequent is in the grantor, what is it called?
    Right of entry
  6. 4.6: If the future interest following a life estate determinable is in the grantor, what is it called?
    Reversion
  7. 4.7: If the future interest following a term of years subject to a condition subsequent is in the grantor, what is it called?
    Reversion
  8. 4.8: What is the name of the grantor's future interest that "waits patiently" for the prior estate to "end naturally"?
    Reversion
  9. 4.9: What is the name of the grantor's future interest that can interrupt the prior estate, causing it to end early?
    Right of entry
  10. 4.10: A grantor can have three future interests: a reversion, a possibility of reverter, and a right of entry. Which two operate automatically, without any action by the grantor?
    Reversion and possibility of reverter
  11. **********
    • In the following conveyances, draw a vertical line marking the end of the words describing the possessory estate and the beginning of the words (if any) describing the future interest. Beneath each conveyance, write the complete name of A's possessory estate. Then add the complete name for the grantor's future interest.
    • **********
  12. 4.11: O to A so long as A does not divorce B, then back to O.
    • O to A so long as A does not divorce B, | then back to O.
    • A: possessory estate in fee simple determinable
    • O: possibility of reverter in fee simple absolute
  13. 4.12: O to A and her heirs so long as A does not divorce B, but if A divorces B, then back to O.
    • O to A and her heirs so long as A does not divorce B, | but if A divorces B, then back to O.
    • A: possessory estate in fee simple determinable
    • O: possibility of reverter in fee simple absolute
  14. 4.13: O to A and his heirs, but if A divorces B, then to O.
    • O to A and his heirs, | but if A divorces B, then to O.
    • A: possessory estate in fee simple subject to a condition subsequent
    • O: right of entry in fee simple absolute
  15. 4.14: O to A, on the condition that A does not divorce B.
    • O to A, | on the condition that A does not divorce B.
    • A: possessory estate in fee simple subject to a condition subsequent
    • O: right of entry in fee simple absolute
  16. 4.15: O to A and his heirs, provided that A does not divorce B, then to O.
    • O to A and his heirs, | provided that A does not divorce B, then to O.
    • A: possessory estate in fee simple subject to a condition subsequent
    • O: right of entry in fee simple absolute
  17. 4.16: O to A until A divorces B, then back to O.
    • O to A until A divorces B, | then back to O.
    • A: possessory estate in fee simple determinable
    • O: possibility of reverter in fee simple absolute
  18. 4.17: O to A; however, if A divorces B, then to O.
    • O to A; | however, if A divorces B, then to O.
    • A: possessory estate in fee simple subject to a condition subsequent
    • O: right of entry in fee simple absolute
  19. 4.18: O to A and her heirs while A refrains from divorcing B.
    • O to A and her heirs while A refrains from divorcing B.
    • A: possessory estate in fee simple determinable
    • O: possibility of reverter in fee simple absolute
  20. 4.19: O to A and her heirs during the time that A refrains from divorcing B, then back to O.
    • O to A and her heirs during the time that A refrains from divorcing B, | then back to O.
    • A: possessory estate in fee simple determinable
    • O: possibility of reverter in fee simple absolute
  21. 4.20: O to A. (Assume modern law.)
    • O to A. | (Assume modern law.)
    • A: possessory estate in fee simple absolute
    • O: no interest
  22. 4.21: O to A, provided that A never drills for oil on the property.
    • O to A, | provided that A never drills for oil on the property.
    • A: possessory estate in fee simple subject to a condition subsequent
    • A: possessory estate in fee simple determinable
    • A: possessory estate in life estate determinable
    • O: right of entry in fee simple absolute
  23. 4.22: O to A and his heirs for so long as A cares for B on the premises.
    • O to A and his heirs for so long as A cares for B on the premises. |
    • A: possessory estate in fee simple determinable
    • O: possibility of reverter in fee simple absolute
  24. 4.23: O to A for life or until B graduates from medical school.
    • O to A for life or until B graduates from medical school. |
    • A: possessory estate in life estate determinable
    • O: reversion in fee simple absolute
  25. 4.24: O to A and the heirs of his body.
    • O to A and the heirs of his body. |
    • A: possessory estate in fee tail
    • O: reversion in fee simple absolute
  26. 4.25: O to A for life, on condition that A never sells alcohol on the property.
    • O to A for life, | on condition that A never sells alcohol on the property.
    • A: possessory estate in life estate subject to a condition subsequent
    • O: reversion in fee simple absolute
  27. 4.26: O to A from September 1, 2002, until August 31, 2008.
    • O to A from September 1, 2002, until August 31, 2008. |
    • A: possessory estate in a term of years
    • O: reversion in fee simple absolute
  28. 4.27: O to A for 30 years while A resides on the premises.
    • O to A for 30 years while A resides on the premises. |
    • A: possessory estate in a term of years determinable
    • O: reversion in fee simple absolute
  29. 4.28: O to A for the life of B.
    • O to A for the life of B. |
    • A: possessory estate in a life estate pur autre vie
    • O: reversion in fee simple absolute
  30. 4.29: O to A and the heirs of her body so long as the land is farmed, but if the land ceases to be farmed, then back to O.
    • O to A and the heirs of her body so long as the property is farmed, | but if the land ceases to be farmed, then back to O.
    • A: possessory estate in fee tail determinable
    • O: reversion in fee simple absolute

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