Question: 3 7 . A future interest that arises by act of law where a grantor retains a present right or future right to a future

37. A future interest that arises by act of law where a grantor retains a present right or future right to a future interest in property that the grantor conveys to another is a:
a. Reversion.
b. Remainder.
c. Life Tenancy.
d. Possibility of Reverter.
e. None of the Above.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!