Exam 32: Estates in Real Property

Match the terms with their descriptions: -Apt words

A fee simple determinable estate is a defeasible estate.

Match the terms with their descriptions: -Reversionary interest

What term describes an estate restricting ownership of real property to a particular family bloodline?

What term describes the owners of life estates?

If a certain family's bloodline became extinct, the fee ________ estate reverted to the original owner's line.

An estate limited in duration to the life of the owner is called a(n) ________ estate.

When one holds property for the duration of the life of another person, it is known as a reminder interest.

What term describes an estate in real property that is capable of coming to an end automatically due to the happening of some event?

Match the terms with their descriptions: -Tenancy for years

Identify a fee tail estate and its types. Explain the purpose of a fee tail estate and its place in the modern legal system.

What legal life estates may be created by the operation of law?

In tenancy for years, there is no stated ending date of the tenancy.

In the feudal England, what term described the service that required the tenant to plow the lord's land?

In return for land, each tenant agreed to do for his lord a particular service called ________.

The purpose of a fee tail estate was to keep the land in the family forever.

In the feudal England, a payment called relief was the precursor of our modern estate tax.

Estates are divided into three groups.

In the early feudal period, a life estate could be transferred by a tenant without his lord's permission.

The fee simple estate gives the owner absolute ownership.