Real Property (Barbri) Exam Questions & Answers 2023/2024

Real Property (Barbri) Exam Questions & Answers 2023/2024 The Present Estates/Freehold Estates - ANSWER-1. Fee Simple Absolute 2. Fee Tail 3. Defeasible Fees (3 types) a. Fee Simple Determinable b. Fee Simple Subj. to Cond.Subsequent c. Fee Simple Subj. to Executory Limitation 4. The Life Estate The Present Estates/Freehold Estates - ANSWER-The Bar will expect you know three things with respect to each estate 1) What language creates it? 2) What are the estate's distinguishing characteristics? a) Is it devisable (by will), descendible (intestacy), or alienable (intervivos transfer) 3) Which future interests, if any, is the estate capable of? Fee Simple Absolute - ANSWER-1) "To A" or "To A and his heirs" 2) Absolute ownership of potentially infinite duration 3) Devisable, descendible and alienable 4) Future Interests a) Living person has no heirs, thus they are only prospective heirs and are powerless Fee Tail - ANSWER-1) "To A and the heirs of his body" 2) Virtually abolished in US today a) Virtually never tested on