Scribd
Upload
524 views2 pages

Estates Quiz

The document describes different types of present possessory estates in land. A fee simple absolute gives indefinite ownership that can endure forever. A fee simple determinable expires automatically if a condition occurs, reverting ownership to the grantor. A fee simple subject to a condition subsequent reverts to the grantor if they reenter after a condition occurs. A fee tail expires when the specified bloodline ends, passing from generation to generation. Life estates end at the death of the person whose life measures the estate. Defeasible life estates end either at that death or if a condition occurs.

Uploaded by

asebeo1
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
524 views2 pages

Estates Quiz

The document describes different types of present possessory estates in land. A fee simple absolute gives indefinite ownership that can endure forever. A fee simple determinable expires automatically if a condition occurs, reverting ownership to the grantor. A fee simple subject to a condition subsequent reverts to the grantor if they reenter after a condition occurs. A fee tail expires when the specified bloodline ends, passing from generation to generation. Life estates end at the death of the person whose life measures the estate. Defeasible life estates end either at that death or if a condition occurs.

Uploaded by

asebeo1
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
You are on page 1/ 2

Present Possessory Estates Type of Estate Fee Simple Absolute Language Duration Type of Ownership Future Interests Examples

Fee Simple Determinable

Fee Simple Subject to Condition Subsequent

Fee Simple Subject to an Executory Limitation (Interest) Fee Tail

Life Estates Pur autre

Life Estates (Defeasible)

Present Possessory Estates Type of Estate Language Fee Simple To A and his heirs Absolute Fee Simple Determinable
To A & his heirs, so long as <EVENT> To A & his heirs until <EVENT> To A & his heirs while <EVENT> To A & his heirs, but if <EVENT>. To A & his heirs, upon condition that <EVENT> To A & his heirs, provide that <EVENT> To A & his heirs, however <EVENT>

Duration
Indefinite amount of time; can endure forever. As long as condition is met; then automatically to Grantor.

Type of Ownership
Absolute; freely inheritable and alienable w/o limitations or restrictions. None.

Future Interests

Examples

Possibility of Reverter to Grantor. Executory Interest in a 3rd Party.

Fee Simple Subject to Condition Subsequent

Until <EVENT> occurs and re-entry of Grantor occurs. (Grantor must reenter; it does not occur automatically.

Right of Entry to Grantor. Executory Interest in 3rd party.

Fee Simple Subject to an Executory Limitation (Interest) Fee Tail

To A & his heirs for so long as


<EVENT>, and if not <EVENT>, to B.

As long as condition is met, then to 3rd party. Until happening of <EVENT>. Expires when the lineal bloodline runs out/dies out. Non-alienable; pass automatically from generation to generation.

Possibility of Reverter to Grantor. Executory Interest in 3rd party. Reversion to Grantor. None, but Remainder to 3rd party. Always followed by a F/ I. Reversion to Grantor. No F/I to a 3rd Party. No F/I in Grantor. Remainder to a 3rd Party. Reversion to Grantor Executory Interest in 3rd Party. O To A, and the heirs of his body, and if A dies w/o issue, to B and her heirs. A=fee tail; B=Remainder in Fee Simple

To A & his heirs but if


<EVENT>, to B To A & the heirs of his body

Life Estates Pur autre

To A for life To A for the life of B To A for life, then to B

Expires @ the death of the specified person

Alienable; Grantor has ownership and A has possession.

Life Estates (Defeasible)

To A for life, but if <EVENT>,


to B

Until the end of the measuring life OR when the <EVENT> occurs.

(Same as Non-Defeasible Life Estate)

You might also like