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FREE AND STUDY GAMES ABOUT BAR EXAM_
Actual Qs and Ans Expert-Verified Explanation
This Exam contains:
-Guarantee passing score -70 Questions and Answers -format set of multiple-choice -Expert-Verified Explanation
Question 1: shifting executory interest
Answer:
if an executory interest operates by taking title from one grantee and giving it to another grantee
Question 2: Right of Entry and RAP
Answer:
not subject to RAP but cannot be transferred inter vivos (can by will)
Question 3: To A for the life of B; A dies the estate passes to
Answer:
A's estate
Question 4: Possibility-of-Reverter language (4)
Answer:
so long as, while, during, until
Question 5: RAP
Answer:
look at the facts and ask: could everyone alive at the time of the grant die, and 21 years pass, before the interest might vest? If yes, void.
Question 6: A tax sale
Answer:
terminates a future interest
Question 7: Rule of convenience
Answer:
is a rule of construction only and can be modified by T
Question 8: Where tenant has failed to maintain
Answer:
permissive waste Question 9: Operates to cut short the estate that comes before it, does not come into possession at the natural expiration of the earlier estate
Answer:
executory interest
Question 10: conditions on the exercise of a fee simple are
Answer:
okay
Question 11: Validity of a grant for purposes of the RAP is determined at
Answer:
time of creation; it does not matter if the interest actually vests within the allotted time
Question 12: Possibility-of-Reverter
Answer:
occurs whenever grantor gives a fee simple determinable
Question 13: What does an estate always have?
Answer:
Right of possession
Question 14: Reversion is not
Answer:
certain to send the property back to O, it may or may not go back depending on the circumstances set in the grant Question 15: Language that would terminate a life estate if holder tries to transfer it _____ violate the rule prohibiting restraints on alienation
Answer:
does not Question 16: O to A for life then to A's children. A has no current children. A's future children
have a:
Answer:
contingent remainder via grantee not in existence Question 17: measuring life by the life of someone other than the life estate holder:
Answer:
life estate pur autre vie
Question 18: Limitation on life tenant's liability
Answer:
life tenant's obligation is limited to the amount of income received from the land or, if the life tenant is personally using the property, the reasonable rental value of the land Question 19: Interest kept by grantor is less than the durational estate the grantor had
Answer:
reversion
Question 20: Insurance for life estate
Answer:
tenant does not have to insure property
Question 21: Life estates are never measured by
Answer:
time
Question 22: Fee simple on a condition subsequent
Answer:
when the language gives to grantee with a condition introduced by "provided however" and gives O the right to "go and retake" the property, it is a fee simple on a condition subsequent; "but if" or "upon condition that"
Question 23: O to A for life. Later A grants the property to B for life
Answer:
O = reversion; A = reversion for life; B = life estate
Question 24: Two types of estates
Answer:
present estates and future interests
Question 25: O to A for life, then to A's widow for life, then to A's children
Answer:
No problem with RAP; vested remainder occurs upon birth
Question 26: O and his heirs, provided that liquor is not sold on the premises
Answer:
fee simple absolute
Question 27: Options and rights of first refusal/RAP
Answer:
can violate the RAP if they could be exercised outside the time period Question 28: Any affirmative action beyond the right of maintenance causing harm to the premises
Answer:
voluntary waste