A vested remainder subject to complete divestment is one that is created by conditional language following the grant.
Correct Answer:
Verified
Q28: The fee simple determinable carries with it
Q29: Most states have a presumption favoring a
Q30: A reversion follows a fee simple determinable.
Q31: A remainder is a future interest in
Q32: A vested remainder subject to partial divestment
Q34: When a remainder is given to the
Q35: If a contingent remainder fails, the grantor
Q36: Only vested remainders can be transferred.
Q37: An executory interest is a future interest
Q38: The Rule in Shelley's case applies to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents