The Life Estate Self-Quiz

 

 

 

 

 

 

Jerry conveys his apartment “to George for life.” George then conveys the apartment “to Kramer, in fee simple absolute.” What interest does Kramer have in the apartment?
Choice 1A fee simple absolute
Choice 2 A life estate, with his own life as the measuring life
Choice 3 A life estate pur autre vie, with George as the measuring life
Choice 4A life estate pur autre vie, with Jerry as the measuring life
Jerry conveys his apartment “to George for life, so long as no wild parties are held in the apartment.” Jerry regains the apartment…
Choice 1 when George dies, but only if he had held at least one wild party in the apartment
Choice 2 when George dies
Choice 3 when George holds a wild party in the apartment
Choice 4 upon the earlier of George dying or holding a wild party in the apartment
Roper owns an apartment building. He sells an apartment “to Jack, so long as he does not sell it to anyone without allowing Roper the chance to buy it first for its fair market value.” Is this condition valid?
Choice 1 Yes, because it’s Roper’s property, so he can do whatever he wants with it.
Choice 2 Yes, because a right of first refusal is considered a reasonable restraint on alienation
Choice 3 No, because this is an unreasonable restraint on alienation
Choice 4No, because a grantor can never attach conditions when he or she sells property
Jerry conveys his apartment “to George for life, and then to Kramer for life and then to Elaine.” Kramer then sells his interest in the apartment to Newman. Kramer dies while George is alive. When George dies, who will get the apartment?
Choice 1 Elaine
Choice 2 Newman, until he dies, then Elaine
Choice 3 Jerry’s heirs until Newman dies, then Elaine
Choice 4 George’s heirs until Newman dies, then Elaine

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