Oregon Real Estate | Law 2 Exam Questions
and Answers with Verified Solutions | Latest
Updated 2026
The right to possess real Estate
property now or in the future
The right to occupy or control Possession
property
An ownership estate that is Freehold Estate
potentially long-term or
indefinite
A non-freehold estate giving Leasehold Estate
possession but not ownership
A future possessory estate Reversion
held by a landlord or grantor
The largest estate possible Fee Simple Absolute
with present possession,
potentially infinite duration,
and inheritability
An estate that can be Estate of Inheritance
transferred to heirs by will or
law
, A fee simple estate that may Defeasible Estate
be lost if a condition is
violated
A defeasible estate created Fee Simple Determinable
with 'so long as' language that
ends automatically upon
breach
The future possessory interest Possibility of Reverter
retained by the grantor in a
fee simple determinable
A defeasible estate that does Fee Simple Subject to Condition
not terminate automatically Subsequent
and requires court action
The grantor's future Right of Reentry
possessory right in a fee
simple subject to condition
subsequent
Another name for the right of Power of Termination
reentry
A freehold estate limited to Life Estate
the duration of a person's life
The holder of the present Life Tenant
possessory interest in a life
estate
and Answers with Verified Solutions | Latest
Updated 2026
The right to possess real Estate
property now or in the future
The right to occupy or control Possession
property
An ownership estate that is Freehold Estate
potentially long-term or
indefinite
A non-freehold estate giving Leasehold Estate
possession but not ownership
A future possessory estate Reversion
held by a landlord or grantor
The largest estate possible Fee Simple Absolute
with present possession,
potentially infinite duration,
and inheritability
An estate that can be Estate of Inheritance
transferred to heirs by will or
law
, A fee simple estate that may Defeasible Estate
be lost if a condition is
violated
A defeasible estate created Fee Simple Determinable
with 'so long as' language that
ends automatically upon
breach
The future possessory interest Possibility of Reverter
retained by the grantor in a
fee simple determinable
A defeasible estate that does Fee Simple Subject to Condition
not terminate automatically Subsequent
and requires court action
The grantor's future Right of Reentry
possessory right in a fee
simple subject to condition
subsequent
Another name for the right of Power of Termination
reentry
A freehold estate limited to Life Estate
the duration of a person's life
The holder of the present Life Tenant
possessory interest in a life
estate
