Sam owns Blackacre in fee simple absolute. Sam has the right to possess Blackacre… in perpetuity for the rest of his life until an unspecified future interest kicks in it is impossible to tell from the question

Sam owns Blackacre in fee simple absolute. Sam conveys the property “to Diane, so long as no alcohol is served on the premises.” Diane has a… fee simple absolute fee simple determinable fee simple subject to a condition subsequent conditional life estate

Sam owns Blackacre in fee simple absolute. Sam conveys the property “to Diane, so long as no alcohol is served on the premises.” The next day, Diane invites Norm and Cliff over for a beer swilling contest. Which of the following is accurate? Diane will keep the land as long as she does not drink any of the beer If Diane serves Norm and Cliff beer on the premises, then Sam will have the option of re-taking Blackacre, but he must do so within a reasonable period of time or his right to re-take Blackacre will expire.. If Diane serves Norm and Cliff beer on the premises, then Sam will have the option of re-taking Blackacre at any time in the future. If Diane serves Norm and Cliff beer on the premises, then ownership of Blackacre automatically reverts to Sam.

Sam owns Blackacre in fee simple absolute. Sam conveys the property “to Diane, but if alcohol is ever served on the premises, then Frazier will have the right to enter the property.” Which is correct? Diane has a fee simple determinable and Frazier has a possibility of reverter Diane has a fee simple determinable and Frazier has a right of re-entry Diane has a fee simple subject to a condition subsequent and Frazier has a right of re-entry Diane has a fee simple subject to a condition subsequent and Frazier has an executory interest.

Sam owns Blackacre in fee simple absolute. Sam conveys the property “to Diane.” Which is correct? Under the old rule, Diane would get a life estate, but under the modern rule she would get a fee tail Under the old rule, Diane would get a life estate, but under the modern rule she would get a fee simple absolute Under the old rule, Diane would get a fee simple absolute, but under the modern rule she would get a fee tail Under the old rule, Diane would get a fee simple absolute, but under the modern rule she would get a life estate

Sam conveys Blackacre “To Diane and the heirs of her body.” Diane dies, leaving a son, Woody. Woody wants to sell Blackacre to Carla, a friend of Woody’s. In a state that recognizes the fee tail, which is correct? Woody does not inherit Blackacre, so he obviously cannot sell it. Woody can sell Blackacre to Carla, but then Carla can only keep it for the rest of her life. Then it goes back to Sam. Woody does inherit Blackacre, but if he sells it to Carla, Blackacre will go back to Sam. Woody can transfer Blackacre to Carla, who would then have a fee tail in Blackacre.

© 2003 - 2024 National Paralegal College