Documente Academic
Documente Profesional
Documente Cultură
• FSD or FSCS?
• CONDITION VIOLATED?
• EFFECT OF VIOLATION?
• ADVICE RE PURCHASE
IF VIOLATION, RESULT?
If O has Possibility of Reverter?
Rhoda?
(7J): Mary "to Rhoda for life, then to
Ted if Ted gives Mary a proper funeral."
(1) To A for life, then to B & her heirs if she turns 21,
but if B dies before 21, then to C and his heirs.
(2) To A for life, then to B & her heirs, but if B dies
before 21, then to C & his heirs.
CONTINGENT REMAINDER v. VESTED REMAINDER
SUBJECT TO DIVESTMENT
(1) To A for life, then to B & her heirs if she turns 21, but if B
dies before 21, then to C and his heirs.
(2) To A for life, then to B & her heirs, but if B dies before 21,
then to C & his heirs.
A alive; B dies at 17: (1+2) B gets 0; C gets fee simple
at A’s death
CONTINGENT REMAINDER v. VESTED REMAINDER
SUBJECT TO DIVESTMENT
(1) To A for life, then to B & her heirs if she turns 21, but if B
dies before 21, then to C and his heirs.
(2) To A for life, then to B & her heirs, but if B dies before 21,
then to C & his heirs.
A alive; B turns 21: (1+2) B has vested
remainder; C’s interest fails
CONTINGENT REMAINDER v. VESTED REMAINDER
SUBJECT TO DIVESTMENT
(1) To A for life, then to B & her heirs if she turns 21, but if B
dies before 21, then to C and his heirs.
(2) To A for life, then to B & her heirs, but if B dies before 21,
then to C & his heirs.
A dies; B is 17: (1) Grantor has fee simple on
executory limitation; B & C have springing
executory interests.
(1) To A for life, then to B & her heirs if she turns 21, but if B
dies before 21, then to C and his heirs.
(2) To A for life, then to B & her heirs, but if B dies before 21,
then to C & his heirs.
A dies; B is 17: (1) Grantor has fee simple on
executory limitation; B & C have springing executory
interests. (2) B has fee simple on executory
limitation; C has shifting executory interest.
VESTED REMAINDER SUBJECT TO DIVESTMENT v.
VESTED REMAINDER IN FEE SIMPLE ON EXECUTORY
LIMITATION
Tweety?
(7L): Daffy "to Tweety for life, then to such of Tweety's
children as survive him, but if none of Tweety's children
survives him, then to Peggy and her heirs."
Tweety has 2 children, Heckle and Jeckle.