Prop1 Class 13 – Future Interests I: Interests in Transferor and Transferrees

Class 13 –

Future Interests I: Interests in Transferor and Transferrees

  • Introduction, 313-315
  • Future Interests in the Transferor, 315-317
  • Future Interests in the Transferees, 317-321
  • Problems, 321 (1-4)

(Read these pages very, very carefully).

 

The lectures notes are here.

Example 1. O conveys Blackacre “to A for life.” 0 has a reversion in fee simple that is certain to become possessory. At A’s death, either 0 or O’s successors in interest will be entitled to possession

reversion

Example 2. 0 conveys Whiteacre “to A for life, then to B and her heirs if B survives A. O has a reversion in fee simple that is not certain to become possessory. If B dies before A, O will be entitled to possession at A’s death. On the other hand, if A dies before B, O’s reversion is divested on A’s death and will never become possessory.

contingent-remainder

O conveys Blackacre “to Hartford School Board so long as used for school purposes.”

poss-of-rev


Prop1 Class 13 – Future Interests I: Interests in Transferor and Transferrees curated from Josh Blackman's Blog

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