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?
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Jerry conveys his apartment
“to George for life, so long as no wild parties are held in the
apartment.” Jerry regains the apartment…
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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?
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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?
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