Multiple Choice
Creden follows all procedural steps in conveying his property to Adam. However, the deed does not state what type of interest is transferred to Adam. Adam claims he has a fee simple absolute, but Creden says it is a life estate because they agreed that he could only have it until he died? What type of estate does Adam own?
A) Fee simple absolute, if that was what Creden had owned.
B) A conditional estate, since there is a discrepancy.
C) A life estate, if that is what they agreed upon.
D) Fee simple absolute is presumed, since the deed does not state otherwise.
E) Either a fee simple absolute or a life estate.
Correct Answer:

Verified
Correct Answer:
Verified
Q75: Kimi has lived in a small house
Q76: The duration of one's ownership interest and
Q77: In making a transfer by _, deed
Q78: In a[n] _, the investor resident is
Q79: John owns property in fee simple absolute
Q81: [Majestic Mansion] Akira inherited her family's mansion
Q82: Which of the following refers to land
Q83: Which of the following is false regarding
Q84: An owner of a leasehold estates has
Q85: A license is the temporary and irrevocable