Question: QUESTION 5 A. A conveyance which reads From A to B for the life of A's brother, C is an example of: An executory interest
QUESTION 5
A. A conveyance which reads "From A to B for the life of A's brother, C" is an example of:
| An executory interest | ||
| A life estate pur autre vie | ||
| A fee simple subject to a condition subsequent | ||
| A Fee tail |
B. An estate in which the owner has a present possessory interest in the real property is called a(n):
| Life estate | ||
| Vested remainder | ||
| Fee simple absolute | ||
| Freehold estate |
PART TWO example.
Mike wants to give Gladys, his daughter, title to Blueacre, so Gladys can fulfill her dream of owning a coffee shop. But Mike despises alcohol and doesn't want it served on the premises. Which type of conveyance would offer Mike the easiest way to reacquire title to Blueacre should Gladys begin serving alcohol at the coffee shop?
| Fee simple absolute | ||
| Fee tail | ||
| Life estate | ||
| Fee simple determinable | ||
| Fee Subject to a condition subsequent |
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