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Present Estates & Future Interests

Authored by DeAndre Aubry

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Present Estates & Future Interests
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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

I give my house to you and Karla. Which area of property law is triggered here?

Recording Acts

Landlord - Tenant

Present Estates and Future Interests

Co-Ownership

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

I give my house to you for life, then to Karla. Which area of property law is triggered here?

Recording Acts

Landlord - Tenant

Present Estates and Future Interests

Co-Ownership

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

I give my house to you for life, then to Karla. What does Karla own?

A fee simple absolute

A present estate

A joint tenancy

A future interest

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

I give my house to you for life, then to Karla. What do you own?

A fee simple absolute

A present estate

A reversion

A future interest

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

I give my house to you as long as you attend every Legally Fit 1L club session for the rest of your law school career. What type of present estate do you own?

Defeasible Fee

Life Estate

Fee Simple Absolute

Tenancy in Common

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