This flashcard is just one of a free flashcard set. See all flashcards!
64
Fee simple subject to an executory limitation
same words as determinable and condition subsequent
a. provides for estate to pass to 3rd person upon stated event
(other than grantor)
b. Automatically goes to 3rd party and does not revert back to grantor
(like fee simple determinable)
c. NO Right of Reentry
a. provides for estate to pass to 3rd person upon stated event
(other than grantor)
b. Automatically goes to 3rd party and does not revert back to grantor
(like fee simple determinable)
c. NO Right of Reentry