Exam (elaborations)
Property Law Exam Questions With Correct Answers Explained 2023
- Course
- Institution
Property Law Exam Questions With Correct Answers Explained 2023
[Show more]
Content preview
Property Law Exam Questions WithCorrect Answers Explained 2023
Fee Simple Determinable - Answer "to A, so long as they ..."
Fee Simple Subject to Condition Subsequent - Answer "to A, but if ..., O can re-enter"
Fee Simple Subject to Executory Limitation (FSSEL) - Answer "to A, but if ..., then to B"
Reversion - Answer FSA or LE; interest retained by O when the conveyed estate's duration is less than what O started with
Possibility of Reverter (PoR) - Answer FSD; reverts to O if A violates condition
Right of Entry (RoE) - Answer FSSC; prerogative power of termination
Indefeasibly Vested Remainder (IVR) - Answer Known, no conditions; "to A for life, then to B"
Vested Remainder Subject to Complete Divestment - Answer Condition subsequent; "to
A for life, then to B, but if B ..., then to C"
Contingent Remainder - Answer Unknown and/or condition; "to A for life, then to A's first
child"
Springing Executory Interest (EI) - Answer "to A when A does ..."
Shifting Executory Interest (EI) - Answer "to A, but if A ever ..., then to B"
Rule Against Perpetuities (RAP) - Answer Contingent Remainders, EIs, and VRSOs; w/in 21 yrs of measuring life
Joint Tenancy (JT) - Answer RoS; Alienable only; Time, title, identical, possess whole; strawman; "to A and B as JTs with RoS"
Right of Survivorship (RoS) - Answer When one JT dies, his share goes to survivors automatically
Tenancy in Common (TiC) - Answer Each TiC owns an individual part and has right to possess the whole; no RoS; nonidentical shares
Quiet Enjoyment (QE) - Answer To recover, T must show SING: Substantial Interference, Notice, Goodbye
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller SmartScores. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
73314 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now