A _______ is the ownership of land for the duration of a person's life. In legal terms it is an estate in real property that ends at death when ownership of the property may revert to the original owner, or it may pass to another person. The owner of a life estate is called a "life tenant".
A. life estate
B. fee tail estate
查看答案
If previous grantors of a fee simple estate do not create any conditions for subsequent grantees, then the title is called _____________.
A. fee tail estate
B. fee simple absolute
If the grantor uses durational language in the condition such as "to A. as long as the land is used for a park", then upon the happening of the specified event, the estate will automatically terminate and revert to the grantor or the grantor's estate; this is called ___________.
A. fee simple determinable
B. fee simple absolute
If the grantor uses language such as "but if alcohol is served", then the grantor or the heirs have a right of entry if the condition occurs, but the estate does not automatically revert to the grantor; this is a ____________.
A. fee simple subject to a condition subsequent
B. fee simple determinable
In order to create a_____________, the original owner would use either durational or conditional words that establish a condition and a third party to whom the property would go to if the condition is not met or is violated.
A. fee simple subject to a condition subsequent
B. fee simple subject to executory limitation