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Study Question 71

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A conveyance in a decedent's will: 'T (testator) to A for life, then to T's children. ... to C; however, if C does not marry by age 35, then C's estate ends. ... – PowerPoint PPT presentation

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Title: Study Question 71


1
Study Question 7-1
  • What does it mean to say that a vested remainder
    is subject to divestment?
  • A vested remainder is subject to divestment if
    the divesting condition could happen before the
    remainder becomes possessory.

2
Study Question 7-2
  • What does it mean to say that a remainder is
    subject to open?
  • A remainder is subject to open if it is given
    to a class that could expand.

3
Study Question 7-3
  • What does it mean to say that a remainder given
    to a class is closed?
  • A remainder given to a class is closed if no
    additional members could be added to the class.

4
Study Question 7-4
  • Is Bs remainder (1) contingent, (2) vested
    subject to divestment, or (3) vested and not
    subject to divestment (before becoming
    possessory)?
  • O to A for life, then to B, but if B ever owns
    an insurance agency, then to O.
  • Vested subject to divestment

5
Study Question 7-5
  • Is Bs remainder (1) contingent, (2) vested
    subject to divestment, or (3) vested and not
    subject to divestment (before becoming
    possessory)?
  • O to A for ten years, then to B for life if B
    has never owned a tavern, then to C. (B has not
    yet owned a tavern.)
  • contingent

6
Study Question 7-6
  • Is Bs remainder (1) contingent, (2) vested
    subject to divestment, or (3) vested and not
    subject to divestment (before becoming
    possessory)?
  • O to A for 2 years, then to B, but if B ever
    uses the land for an insurance agency, then to
    C.
  • Vested not subject to divestment

7
Study Question 7-7
  • Is Bs remainder (1) contingent, (2) vested
    subject to divestment, or (3) vested and not
    subject to divestment (before becoming
    possessory)?
  • O to A for life, then to B, but if the City ever
    annexes the land, then to C.
  • Vested subject to divestment (assuming the
    condition is meant to limit As life estate too)

8
Study Question 7-8
  • Is the underlined remainder subject to open or
    closed ?
  • O to A for life, then to As children. (A has
    one child, B.)
  • Subject to open

9
Study Question 7-9
  • Is the underlined remainder subject to open or
    closed ?
  • A conveyance in a decedents will T (testator)
    to A for life, then to Ts children. (T has one
    child, B.)
  • Closed

10
Study Question 7-10
  • Is the underlined remainder subject to open or
    closed ?
  • O to A for ten years, then to the 2001 graduates
    of State University Law School. (The conveyance
    was made in 2002.)
  • closed

11
Study Question 7-11
  • Is the underlined remainder subject to open or
    closed ?
  • O to A for life, then to Bs children. (B
    presently has three children.)
  • Subject to open

12
Study Question 7-12
  • What is the state of the title?
  • O to A for life, then to B for life, then to C
    her heirs however, if C ever uses the land for a
    rental, then to O.
  • A possessory estate in life estate
  • B vested remainder in life estate
  • C vested remainder in fee simple subject to a
    condition subsequent
  • O right of entry in fee simple absolute

13
Study Question 7-13
  • What is the state of the title?
  • O to A for ten years, then to B her heirs, but
    if B divorces, then to C after As estate has
    ended and until C ceases to live on the property,
    then to D.
  • A possessory estate in a term of years
  • B vested remainder (subject to divestment) in
    fee simple subject to executory limitation
  • C executory interest in fee simple determinable
  • D executory interest in fee simple absolute

14
Study Question 7-14
  • What is the state of the title?
  • O to A for life, then to B her heirs while B
    is using the property for a law office, then to
    C however, if C does not marry by age 35, then
    Cs estate ends.
  • A possessory estate in life estate
  • B vested remainder in fee simple determinable
  • C executory interest in fee simple subject to a
    condition subsequent
  • O right of entry in fee simple absolute

15
Study Question 7-15
  • What is the state of the title?
  • O to A for life, then to B if B survives A, but
    if B does not survive A, then to C if C has
    survived A, but if neither B nor C have survived
    A, then to D.
  • A possessory estate in life estate
  • B contingent remainder in fee simple absolute
  • C (alternative) contingent remainder in fee
    simple absolute
  • D (alternative) contingent remainder in fee
    simple absolute

16
Study Question 7-16
  • What is the state of the title?
  • O to A for life, then to B for ten years, then
    to Cs children, but if none of Cs children are
    then living, to D. (C is alive has one child,
    X.)
  • A possessory estate in life estate
  • B vested remainder in a term of years
  • X vested remainder (subject to divestment) in
    fee simple subject to executory limitation
    subject to open
  • D executory interest in fee simple absolute

17
Study Question 7-17
  • What is the state of the title?
  • O to A for life, then to B if B has married, but
    if B has never married, then to C for two years,
    then to D her heirs. (At the time of the
    conveyance, B is married.)
  • A possessory estate in life estate
  • B vested remainder in fee simple absolute
  • Cs interest has failed
  • Ds interest has failed
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