The characteristics of a qualified or base fee estate include(s)that:
A)it is possible to convey or will property to a person to enjoy absolutely, subject to its being taken away at a later date should a certain event occur.
B)a holder of a qualified fee interest may transfer the property by deed, subject to the initial condition.
C)a qualified fee interest may pass by intestate succession.
D)All of the above.

Question

Quizplus · Accepted Answer

All of the above statements are true for a qualified or base fee estate. This type of estate allows a person to enjoy the property as an absolute owner, but with the condition that the ownership may be taken away if a certain event occurs. This interest can be transferred by deed, subject to the initial condition, and it may also pass by intestate succession in the absence of a will.

The Characteristics of a Qualified or Base Fee Estate Include(s)that