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Transcript of PROPERTY D SLIDES 3-17-14. Monday March 17 Music: Albéniz, Iberia Alicia Delarrocha, Pianist 2009...
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PROPERTY D SLIDES3-17-14
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Monday March 17 Music: Albéniz, IberiaAlicia Delarrocha, Pianist
2009 Re-recording of Grammy Winner for 1974for Best Classical Performance without Orchestra
Name the Musical Group:• 1st Billboard #1 Hit in 1958
•Won 5 Grammys; Nominated for 8 More
• Featured in Major Studio Motion Picture in 2011
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Name the Musical Group:• 1st Billboard #1 Hit in 1958
• Won 5 Grammys; Nominated for 8 More
• Featured in Major Studio Motion Picture in 2011
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Name the Musical Group:
• 1st Billboard #1 Hit in 1958
• Won 5 Grammys; Nominated for 8 More
• Featured in Motion Picture in 2011
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Pop Culture UpdateMe on 3/3:
Top Model Under the GunsFrom Caracas to Kabul to Kiev, Our
Aspiring Models Bring Fashion to the World’s War Zones
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Pop Culture UpdateMe on 3/3: Top Model Under the
GunsFrom Caracas to Kabul to Kiev, Our Aspiring Models From Caracas to Kabul to Kiev, Our Aspiring Models
Bring Fashion to the World’s War ZonesBring Fashion to the World’s War Zones
Miami Herald on 3/9: Miami Company Takes Golfers Into
Danger ZonesYou can play golf in Kabul on Afghanistan’s You can play golf in Kabul on Afghanistan’s
only course, protected by a professional only course, protected by a professional security team --security team --
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You Can’t Make This Stuff UpMe on 3/3: Top Model Under the
GunsFrom Caracas to Kabul to Kiev, Our Aspiring Models From Caracas to Kabul to Kiev, Our Aspiring Models
Bring Fashion to the World’s War ZonesBring Fashion to the World’s War Zones
Miami Herald on 3/9: Miami Company Takes Golfers Into
Danger ZonesYou can play golf in Kabul on Afghanistan’s only You can play golf in Kabul on Afghanistan’s only
course, protected by a professional security team --course, protected by a professional security team --
for only $40,000 to $80,000 for a five-day for only $40,000 to $80,000 for a five-day excursion.excursion.
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LOGISTICS: Chapter 4 Test & Prep
• Wednesday• Make-up class here at usual time.• I will post additional sample Qs/tests & answers after class.
• Thursday – Sunday• Extra Office Hours Each Day (See Course Page & My Door) • I’ll Answer E-Mail Qs Sent Before Sunday @ 7:00 pm
• Next Monday: Test Here 8:00-9:10 am (Be Early!!!)• Have Multiple #2 Pencils• Bring Anonymous Grading Number (Available Online)• Address Concerns (re Illness, Lateness, Problems in Room etc.) to Registrar or Dean of Students (NOT TO ME!!!)
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LOGISTICS: Review Problems 4R-4W
• Messy Old Exam Qs from Long Ago in a Galaxy Far Far Away (Before I Used Mid-Semester Test)
• In Class Tuesday & Wednesday, We’ll Do 4R-4U• Identify Key Ambiguities/Questions, Then Work Through Some
Possible Scenarios (Like Problem 4O Today)• Get As Far As We Can Before 9:00 AM Wednesday
• I Will Post All Slides I Have on 4R-4U Even If We Don’t Get to Them
• After class Wednesday, I’ll Post Memo with Some Additional Follow-Through and Write-ups of 4V and 4W
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LOGISTICS: Going Forward• Comments & Best Answers to All Posted Old Exam Comments & Best Answers to All Posted Old Exam
Qs Available on Course PageQs Available on Course Page
• Chapter 5: Adverse Possession Chapter 5: Adverse Possession • Supplement, Syllabus, Assignments on Course Page • We’ll Begin Classroom Work at 9:00 am Wednesday• Organized by Elements of Claim (Not by Case)• Four Primary Cases
• Need to Read for Plot by Thursday • Reread as Needed for Discussions of Individual Elements
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QUICK WARM-UP/REVIEW 1:Remainders & Executory Interests
BasicsBasics•Reversion v. RemainderReversion v. Remainder•Vested v. Contingent RemainderVested v. Contingent Remainder•Remainders in …Remainders in …•Remainder v. Executory InterestRemainder v. Executory Interest•Shifting v. Springing Executory InterestsShifting v. Springing Executory Interests
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WARM-UP/REVIEW 1:Remainders & Executory
Interests: BasicsReversion v. RemainderReversion v. Remainder
REVERSION: REVERSION: Future interest implicitly retained by grantor when s/he conveys a finite estate without indicating who will have rights when it expires.
REMAINDER: REMAINDER: Future interest in a third party that follows naturally upon the termination of a finite estate. It is always expressly conveyed by the grantor.
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WARM-UP/REVIEW 1:Remainders & Executory
Interests: BasicsVested v. Contingent RemainderVested v. Contingent Remainder
VESTED VESTED IF:IF:•Grantee is living ascertainable person AND•Clause creating the remainder contains no condition on grantee taking the property except expiration of prior estate
CONTINGENT CONTINGENT IF:IF:•Grantee is presently unborn or unascertainable OR•Clause creating the remainder contains a condition on grantee taking the property
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WARM-UP/REVIEW 1:Remainders & Executory
Interests: BasicsRemainders in …Remainders in …
“To Fred for life, then to Wilma for life.” Wilma has a vested remainder in life estate.in life estate.
“To Fred for life, then to Wilma and her heirs if Dino survives Fred.
Wilma has a contingent remainder in fee in fee simple absolute.simple absolute.
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WARM-UP/REVIEW 1:Remainders & Executory
Interests: BasicsRemainder v. Executory InterestRemainder v. Executory Interest
REMAINDER: REMAINDER: Future interest in a grantee that follows naturally upon the termination of a finite estate. It is always expressly conveyed by the grantor.
EXECUTORY INTEREST: EXECUTORY INTEREST: Future interest in a grantee Future interest in a grantee that cuts off a prior vested interest (present estate that cuts off a prior vested interest (present estate or reversion or vested remainder) rather than or reversion or vested remainder) rather than waiting for it to expire naturally.waiting for it to expire naturally.
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WARM-UP/REVIEW 1:Remainders & Executory
Interests: BasicsShifting v. Springing Executory InterestShifting v. Springing Executory Interest
•Shifting Executory Interest cuts off interest of another grantee.
•Springing Executory Interest cuts off grantor’s fee simple or reversion.
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WARM-UP/REVIEW 1:Remainders & Executory Interests
More AdvancedMore Advanced•Alternative Contingent RemaindersAlternative Contingent Remainders•Vested Remainders Subject to OpenVested Remainders Subject to Open•Vested Remainders Subject to DivestmentVested Remainders Subject to Divestment•Problems 4L-4NProblems 4L-4N
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WARM-UP/REVIEW 1: Remainders & Executory Interests: More AdvancedAlternative Contingent RemainderAlternative Contingent Remainder
•Two contingent remainders where the event that causes one to vest will destroy the other.
•Convention is that, where these are created, you always pencil in a reversion (even if it seems impossible that it will ever become possessory).
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WARM-UP/REVIEW 1: Remainders & Executory Interests: More Advanced
Alternative Contingent RemainderAlternative Contingent Remainder•Two contingent remainders where the event that causes one to vest will destroy the other. Always pencil in a reversion.•Example: JordanJordan: “To Kevin for life: “To Kevin for life, , then to Katherine and her then to Katherine and her heirs if she graduates from law schoolheirs if she graduates from law school, , but if she never graduates but if she never graduates from law school, then to Sofia and her heirs.”from law school, then to Sofia and her heirs.”
• Kevin has Life Estate• Katherine & Sofia each have an Alternate Contingent
Remainder (in F.S.)• Jordan retains a Reversion
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WARM-UP/REVIEW 1: Remainders & Executory Interests: More Advanced
Alternative Contingent RemainderAlternative Contingent Remainder•Example: JordanJordan: “To Kevin for life: “To Kevin for life, , then to Katherine and her then to Katherine and her heirs if she graduates from law schoolheirs if she graduates from law school, , but if she never graduates but if she never graduates from law school, then to Sofia and her heirs.”from law school, then to Sofia and her heirs.”
What happens if Kevin dies & Katherine What happens if Kevin dies & Katherine is alive but has not yet graduated from is alive but has not yet graduated from
law school? law school?
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WARM-UP/REVIEW 1: Remainders & Executory Interests: More Advanced
Alternative Contingent RemainderAlternative Contingent Remainder•JordanJordan: “To Kevin for life: “To Kevin for life, , then to Katherine and her heirs if she then to Katherine and her heirs if she graduates from law schoolgraduates from law school, , but if she never graduates from law but if she never graduates from law school, then to Sofia and her heirs.”school, then to Sofia and her heirs.”•Kevin dies; Katherine alive, hasn’t graduated. Kevin dies; Katherine alive, hasn’t graduated. •Jordan’s Reversion Jordan’s Reversion Fee Simple … Fee Simple …
• If Destructability applies, both remainders destroyed, so J has If Destructability applies, both remainders destroyed, so J has FS Absolute.FS Absolute.
• If no DestructibilityIf no Destructibility
• Both remainders become executory interestsBoth remainders become executory interests
• Jordan has FS on Executory LimitationJordan has FS on Executory Limitation
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WARM-UP/REVIEW 1: Remainders & Executory Interests: More AdvancedVested Remainder Subject to OpenVested Remainder Subject to Open
•Remainder Remainder • given to a class of recipients (as opposed to specifically given to a class of recipients (as opposed to specifically
named individuals),named individuals),• at least one of whom has qualified for the class,at least one of whom has qualified for the class,• where other individuals could qualify for the class later.where other individuals could qualify for the class later.
•Example (4G): “To Larry for life, then to Larry's children and their heirs.“ Larry has two living children.
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WARM-UP/REVIEW 1: Remainders & Executory Interests: More Advanced
Vested Remainder Subject to DivestmentVested Remainder Subject to Divestment
•Vested Remainder followed by an Executory InterestExecutory Interest that could cut the VR off before it becomes possessory.
•Example (4K): “To George for life, “To George for life, then to Kramer then to Kramer and his heirs;and his heirs; but if Kramer does not attain the age but if Kramer does not attain the age of 21, then to Elaine and her heirs.” of 21, then to Elaine and her heirs.” Kramer is 15 years old.
Questions Before Moving on to New Questions Before Moving on to New Material?Material?
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Vested Remainder Subject to Divestment (1) v.Vested Remainder Subject to Divestment (1) v.Vested Remainder in F.S. subj. to Exec. Lim. (2)Vested Remainder in F.S. subj. to Exec. Lim. (2)
(1) To A for life, then to B & her heirs, but if B dies before turning 21, then to C & his heirs.•Condition might occur before B obtains possession.
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Vested Remainder Subject to Divestment (1) v.Vested Remainder Subject to Divestment (1) v.Vested Remainder in F.S. subj. to Exec. Lim. (2)Vested Remainder in F.S. subj. to Exec. Lim. (2)
(1) To A for life, then to B & her heirs, but if B dies before turning 21, but if B dies before turning 21, then to C & his heirs.then to C & his heirs.•Condition might occur before B takes possession.
(2) To A for life, then to B & her heirs, but if B ever uses the land but if B ever uses the land for commercial purposes, to C & his heirs. for commercial purposes, to C & his heirs. •Condition is a limit on B’s use of the land and cannot occur before B takes possession.
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TERMINOLOGY: ME v. WORKBOOK
To A for life, then to B & her heirs, but if B dies before turning 21, then but if B dies before turning 21, then to C & his heirs.to C & his heirs.•Condition might occur before B takes possession, but also might occur after.•WORKBOOK (p93): Vested Remainder Subject to Divestment in Fee Simple on Executory Limitation. •ME: Phrase in italics is accurate but unnecessary. In multiple choice answers, I will simply call this interest a Vested Remainder Subject to Divestment (as long as it might occur before possession).
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CORRECTION TO WORKBOOK (Problem 9-11)
O to A for life, then to B, but if B ever allows A to be but if B ever allows A to be moved into a nursing home, then to Cmoved into a nursing home, then to C
• Condition must occur, if at all, while A is alive, thus before B gets possession.
– Presumably (considering grantor’s likely intent), it would not violate the condition for B to allow someone to carry A’s corpse into a nursing home. (!)
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CORRECTION TO WORKBOOK (Problem 9-11)
O to A for life, then to B, but if B ever allows A to be but if B ever allows A to be moved into a nursing home, then to Cmoved into a nursing home, then to C
• Condition must occur, if at all, while A is alive, thus before B gets possession.
• B will eventually get either nothing or a fee simple absolute (assuming “today”)
• B has a vested remainder subject to divestment
– (in Fee Simple Absolute)
– NOT in Fee Simple on Executory Limitation
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CORRECTION TO WORKBOOK (Problem 9-11)
O to A for life, then to B, but if B ever allows A to be but if B ever allows A to be moved into a nursing home, then to Cmoved into a nursing home, then to C
• Condition must occur, if at all, while A is alive, thus before B gets possession.
• B will eventually get either nothing or a fee simple absolute (assuming “today”)
• B has a vested remainder subject to divestment [in FS Absolute]
QUESTIONS?
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Alt. Contingent Remainders (1) v. Alt. Contingent Remainders (1) v. Vested Remainder Subject to Vested Remainder Subject to
Divestment (2)Divestment (2)(1) To A for life, (1) To A for life, then to B & her heirs then to B & her heirs if she if she turns 21turns 21, , but if B dies before 21, then to C but if B dies before 21, then to C and his heirs. and his heirs. Reversion in O.Reversion in O.
(2) To A for life, (2) To A for life, then to B & her heirsthen to B & her heirs,, but if B but if B dies before 21, then to C & his heirs. (No dies before 21, then to C & his heirs. (No Reversion in O)Reversion in O)
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Alt.Contingent Remainders (1) v. Alt.Contingent Remainders (1) v. Vested Remainder Subject to Divestment Vested Remainder Subject to Divestment
(2)(2)(1) To A for life, then to B & heirs if she turns 21, but if B dies before 21, then to C & heirs. Reversion in O.
(2) To A for life, then to B & her heirs, but if B dies before 21, then to C & his heirs.
•Both 1+2: If A alive & B dies at 14If A alive & B dies at 14:
• B gets 0;
• C gets fee simple at A’s death
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Alt. Contingent Remainders (1) v. Alt. Contingent Remainders (1) v. Vested Remainder Subject to Divestment Vested Remainder Subject to Divestment
(2)(2)(1) To A for life, then to B & heirs if she turns 21, but if B dies before 21, then to C & heirs. Reversion in O.
(2) To A for life, then to B & her heirs, but if B dies before 21, then to C & his heirs.
•Both 1+2: If A alive & B turns 21If A alive & B turns 21:
• B has vested remainder
• C’s interest fails
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Contingent Remainder (1) v. Contingent Remainder (1) v. Vested Remainder Subject to Divestment Vested Remainder Subject to Divestment
(2)(2)(1) To A for life, then to B & her heirs if she turns 21, but if B dies before 21, then to C and his heirs. Reversion in O.
(2) To A for life, then to B & her heirs, but if B dies before 21, then to C & his heirs.
•(1) (1) If A dies & B not yet 21:If A dies & B not yet 21: • Conditions not met for either B or C. Remainders Conditions not met for either B or C. Remainders
either destroyed or become Springing Executory either destroyed or become Springing Executory InterestsInterests
• O takes Fee Simple [on Executory Limitation in O takes Fee Simple [on Executory Limitation in Modern View (exc. FL)]Modern View (exc. FL)]
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Contingent Remainder (1) v. Contingent Remainder (1) v. Vested Remainder Subject to Divestment Vested Remainder Subject to Divestment
(2)(2)(1) To A for life, then to B & her heirs if she turns 21, but if B dies before 21, then to C and his heirs. Reversion in O.
(2) To A for life, then to B & her heirs, but if B dies before 21, then to C & his heirs.
•(2) (2) If A dies & B not yet 21If A dies & B not yet 21• No requirement that B turn 21 to take possession, so No requirement that B turn 21 to take possession, so
B does take possession and has Fee Simple on B does take possession and has Fee Simple on Executory Limitation.Executory Limitation.
• C still has Shifting Executory Interest that will become C still has Shifting Executory Interest that will become possessory if B dies before turning 21.possessory if B dies before turning 21.
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Contingent Remainder (1) v. Contingent Remainder (1) v. Vested Remainder Subject to Divestment Vested Remainder Subject to Divestment
(2)(2)(1) To A for life, then to B & her heirs if she turns 21, but if B dies before 21, then to C and his heirs. Reversion in O.
(2) To A for life, then to B & her heirs, but if B dies before 21, then to C & his heirs.
Questions?
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CORRECTION TO WORKBOOK (Problem 5-28)
• O to A for life, then to B, on condition that B has passed the bar.
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CORRECTION TO WORKBOOK (Problem 5-28)
• O to A for life, then to B, on condition that B has passed the bar.–A has Life Estate
–B has a Remainder (follows life estate)• At First Looks Vested
– Living Ascertainable Person
– No Condition in Clause Creating the Interest (Walk to the Punctuation & Turn Around …)
–BUT …
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CORRECTION TO WORKBOOK (Problem 5-28)
• O to A for life, then to B, on condition that B has passed the bar.–A has Life Estate
–B has a Remainder (follows life estate)• At First Looks Vested
• BUT Condition that follows it does not create an interest in anybody else, so must attach to B’s remainder
• Comma after B unneeded & confusing.
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CORRECTION TO WORKBOOK (Problem 5-28)
• O to A for life, then to B, on condition that B has passed the bar.–A has Life Estate
–B has a Contingent Remainder • Condition is a “Condition Precedent”
• See 5-29, which strongly suggests that interest in 5-28 is a contingent remainder.
QUESTIONS?
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COMPAREO to A for life, then to B[,] on condition
that B has passed the bar.• A has Life Estate
• B has a Contingent Remainder
• O retains a Reversion
O to A for life, then to B, on condition on condition that if B ever fails the bar, then to C.that if B ever fails the bar, then to C.
• A has Life Estate
• B has a Vested Remainder Subject to Divestment
• C has a Shifting Executory InterestC has a Shifting Executory Interest
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SHENANDOAH: Problems 4L-4N
APPALACHIAN TRAIL
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SHENANDOAH (4L): Daffy "to Tweety for life, then to such of Tweety's children as survive him, but if none of Tweety's children survives him, then to Peggy and her
heirs." Tweety has 2 children, Heckle and Jeckle.
• Tweety: ?
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SHENANDOAH (4L): Daffy "to Tweety for life, then to such of Tweety's children as survive him, but if none of Tweety's children survives him, then to Peggy and her
heirs." Tweety has 2 children, Heckle and Jeckle.
• Tweety: Life Estate• Tweety’s Children?
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SHENANDOAH (4L): Daffy "to Tweety for life, then to such of Tweety's children as survive him, but if none of Tweety's children survives him, then to Peggy and her
heirs." Tweety has 2 children, Heckle and Jeckle.
• Tweety: Life Estate
• Tweety’s Children: Contingent Remainder (in f.s.) (Must Survive Tweety)
• Peggy?
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SHENANDOAH (4L): Daffy "to Tweety for life, then to such of Tweety's children as survive him, but if none of Tweety's children survives him, then to Peggy and her
heirs." Tweety has 2 children, Heckle and Jeckle.
• Tweety: Life Estate• Tweety’s Children: Contingent Remainder (in f.s.)
• Peggy: Alternative Contingent Remainder (in f.s.): Only 2 Possibilities:– Tweety survived by children (who take)– Tweety not survived by children (Peggy takes)
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SHENANDOAH (4L): Daffy "to Tweety for life, then to such of Tweety's children as survive him, but if none of Tweety's children survives him, then to Peggy and her
heirs." Tweety has 2 children, Heckle and Jeckle.
• Tweety: Life Estate• Tweety’s Children: Alternative Contingent Remainder (in f.s.)• Peggy: Alternative Contingent Remainder (in f.s.)
• Anything Else?
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SHENANDOAH (4L): Daffy "to Tweety for life, then to such of Tweety's children as survive him, but if none of Tweety's children survives him, then to Peggy and her
heirs." Tweety has 2 children, Heckle and Jeckle.
• Tweety: Life Estate• Tweety’s Children: Contingent Remainder (in f.s.)• Peggy: Alternative Contingent Remainder (in f.s.)
• Daffy: Reversion (even when alternate contingent remainders)
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SHENANDOAH (4L): Daffy "to Tweety for life, then to such of Tweety's children as survive him, but if none of Tweety's children
survives him, then to Peggy and her heirs."
• Tweety: Life Estate• Tweety’s Children: Alternative Contingent Remainder (in f.s.)• Peggy: Alternative Contingent Remainder (in f.s.)• Daffy: Reversion (even when alternate contingent remainders)
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SHENANDOAH (4M): Amanda "to Billy for life, then to Billy's children and their heirs, but if at Billy's death he is not survived by any children, then to Jo and her heirs."
Billy has no children.
• Billy: ?
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SHENANDOAH (4M): Amanda "to Billy for life, then to Billy's children and their heirs, but if at Billy's death
he is not survived by any children, then to Jo and her heirs." Billy has no children.
• Billy: Life Estate• Billy’s children: ?
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SHENANDOAH (4M): Amanda "to Billy for life, then to Billy's children and their heirs, but if at Billy's death he is not survived by any children, then to Jo and her
heirs." Billy has no children.
• Billy: Life Estate
• Billy’s children: Contingent Remainder (in f.s.) (Unborn)
• Jo: ?
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Alternative Contingent Alternative Contingent RemaindersRemainders
Two contingent remainders for which the event that causes one to vest will destroy the other.
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SHENANDOAH (4M): Amanda "to Billy for life, then to Billy's children and their heirs, but if at Billy's death he is not survived by any children, then to Jo and her heirs."
Billy has no children.
• When does contingent remainder in B’s children vest?
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SHENANDOAH (4M): Amanda "to Billy for life, then to Billy's children and their heirs, but if at Billy's death he is not survived by any children, then to Jo and her heirs."
Billy has no children.
• Contingent remainder in B’s children vests when a child of B’s is born.
• When does contingent remainder in Jo vest?
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SHENANDOAH (4M): Amanda "to Billy for life, then to Billy's children and their heirs, but if at Billy's death he is not survived by any children, then to Jo and her heirs."
Billy has no children.
• Contingent remainder in B’s children vests when a child of B’s is born.
• Contingent remainder in Jo vests when Billy dies survived by no children.
• Is the interest in Jo destroyed when the interest in the children vests?
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SHENANDOAH (4M): Amanda "to Billy for life, then to Billy's children and their heirs, but if at Billy's death he is not survived by any children, then to Jo and her heirs."
Billy has no children.
• Billy: Life Estate• Billy’s children: Contingent Remainder (in f.s.)
• Jo: Contingent Remainder (in f.s.) (Not alternate)• Anything Else?
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SHENANDOAH (4M): Amanda "to Billy for life, then to Billy's children and their heirs, but if at Billy's death he is not survived by any children, then to Jo and her heirs."
Billy has no children.
• Billy: Life Estate• Billy’s children: Contingent Remainder (in f.s.) • Jo: Contingent rem. (in f.s.) (Not alternate)
• Amanda: Reversion
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SHENANDOAH (4M): Amanda "to Billy for life, then to Billy's children and their heirs, but if at Billy's death he is not survived by any children, then to Jo and her heirs."
Billy has no children.
• Billy: Life Estate• Billy’s children: Contingent Rem. (in f.s.) (unborn)• Jo: Contingent Rem. (in f.s.) (Not Alternative)• Amanda: Reversion
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SHENANDOAH (4M): Amanda "to Billy for life, then to Billy's children and their heirs, but if at Billy's death he is not survived
by any children, then to Jo and her heirs."
Billy has a child, Sydney.
• Billy: Life Estate• Sydney?
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SHENANDOAH (4M): Amanda "to Billy for life, then to Billy's children and their heirs, but if at Billy's death he is not survived by any children, then to Jo and her heirs."
Billy has a child, Sydney.
• Billy: Life Estate
• Sydney: Vested Remainder (in f.s.) …– Subject to Open (B can have more children) …– Subject to Divestment (interest lost if none of B’s children
survive B)
• Jo?
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SHENANDOAH (4M): Amanda "to Billy for life, then to Billy's children and their heirs, but if at Billy's death he is not survived by but if at Billy's death he is not survived by
any children, then to Jo and her heirs." any children, then to Jo and her heirs."
Billy has a child, Sydney.
• Billy: Life Estate• Sydney: Vested Remainder (in f.s.) Subject to Open, Subject to Divestment
• Jo: Shifting Executory Interest (in f.s.) (would cut off vested remainder)
• Amanda?
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SHENANDOAH (4M): Amanda "to Billy for life, then to Billy's children and their heirs, but if at Billy's death he is not survived by but if at Billy's death he is not survived by
any children, then to Jo and her heirs." any children, then to Jo and her heirs."
Billy has a child, Sydney.
• Billy: Life Estate• Sydney: Vested Remainder (in f.s.) Subject to Open, Subject to Divestment• Jo: Shifting Executory Interest (in f.s.) (would cut off vested remainder)
• Amanda: Nothing (Reversion divests when 1st contingent remainder vests)
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SHENANDOAH (4N): Clark “to Jimmy for life, then to Lois & her heirs, but if Jimmy is survived at his death by
any children, then to such surviving children & their heirs.Jimmy has two children, Perry & Della.
• Jimmy?
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SHENANDOAH (4N): Clark “to Jimmy for life, then to Lois & her heirs, but if Jimmy is survived at his death by any children, then to such surviving children & their heirs.
Jimmy has two children, Perry & Della.
• Jimmy: Life Estate• Lois?
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SHENANDOAH (4N): Clark “to Jimmy for life, then to Lois & her heirs, but if Jimmy is survived at his death by
any children, then to such surviving children & their heirs.Jimmy has two children, Perry & Della.
• Jimmy: Life Estate
• Lois: Vested Remainder (in f.s.) Subject to Divestment• J’s Children
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SHENANDOAH (4N): Clark “to Jimmy for life, then to Lois & her heirs, but if Jimmy is survived at his death by but if Jimmy is survived at his death by
any children, then to such surviving children & their heirs.any children, then to such surviving children & their heirs.Jimmy has two children, Perry & Della.
• Jimmy: Life Estate• Lois: Vested Remainder (in f.s.) Subject to Divestment
• J’s Children: Shifting Executory Interest (in f.s.)J’s Children: Shifting Executory Interest (in f.s.)• Clark?
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SHENANDOAH (4N): Clark “to Jimmy for life, then to Lois & her heirs, but if Jimmy is survived at his death by but if Jimmy is survived at his death by
any children, then to such surviving children & their heirs.any children, then to such surviving children & their heirs.Jimmy has two children, Perry & Della.
• Jimmy: Life Estate• Lois: Vested Remainder (in f.s.) Subject to Divestment• J’s Children: Shifting Executory Interest (in f.s.)J’s Children: Shifting Executory Interest (in f.s.)
• Clark: Nothing
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GRANTS IN (4L) & (4M) & (4N) ALL TRYING TO DO SAME THINGS:
(1) To A for life, then …
(2) If A has any surviving children, they take.
(3) If no surviving children, to B.
BUT The Precise Wording of Each Grant Creates a Slightly Different Set of Interests
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(4L) & (4M) & (4N)
Test Note #4Test Note #4: : Test Will Include Grants Modeled on At Least One of These Test Will Include Grants Modeled on At Least One of These
Problems. I’ll Ask You to:Problems. I’ll Ask You to:1.1.Identify the Interests Created; andIdentify the Interests Created; and2.2.Identify the State of the Title as Relevant Parties are Born or Identify the State of the Title as Relevant Parties are Born or Die.Die.
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WARM-UP/REVIEW 2:Conditional Interests
BASICSBASICS
•Identifying Defeasible FeesIdentifying Defeasible Fees•Defeasible Fees v. Finite Estate + Contingent Remainder
•Defeasible Finite Estates
•Future Interests that Follow Defeasible Estates
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IDENTIFYING DEFEASIBLE FEES
W ho Holds Future Interest?G rantor (or unnam ed) or 2d G rantee
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IDENTIFYING DEFEASIBLE FEES
If G rantor (or unnam ed):H ow does it operate?
Self-Executing or G rantor M ust Act
If 2d G rantee:Fee S im ple on Executory L im ita tion
(p lus Executory In terest)
W ho Holds Future Interest?G rantor (or unnam ed) or 2d G rantee
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IDENTIFYING DEFEASIBLE FEES
If Self-Executing:Fee S im ple D eterm inab le
(p lus Possib ility o f R everter)
If Grantor M ust Act:Fee S im ple on C ond ition Subsequent
(p lus R ight o f Entry)
If Grantor (or unnam ed):H ow does it opera te?
S elf-E xecuting or G rantor M ust A ct
If 2d G rantee:Fee S im ple on Executory L im ita tion
(p lus Executory In terest)
W ho Holds Future Interest?G rantor (o r unnam ed) or 2d G rantee
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WARM-UP/REVIEW 2:Conditional Interests
BASICSBASICS•Identifying Defeasible Fees
•Defeasible Fees v. Finite Defeasible Fees v. Finite Estate + Contingent Estate + Contingent RemainderRemainder•Defeasible Finite Estates
•Future Interests that Follow Defeasible Estates
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DEFEASIBLE FEES
v. (FINITE ESTATES +) CONTINGENT REMAINDERS
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DEFEASIBLE FEES
• PRESENT INTEREST IS FEE
CONTINGENTREMAINDERS
• PRESENT INTEREST IS FINITE
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DEFEASIBLE FEES
• PRESENT ESTATE CUT OFF IF CONDITION MET
CONTINGENTREMAINDERS
• PRESENT ESTATE TERMINATES NATURALLY
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DEFEASIBLE FEES
• FUTURE INTEREST IN EITHER GRANTOR OR GRANTEEGRANTEE
CONTINGENTREMAINDERS
• REMAINDER IN GRANTEE PLUS REVERSION IN GRANTOR
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Pepe grants Tealacre to Rory and his heirs, but if Totie but if Totie loses 100 pounds, she may enter and retake the land.loses 100 pounds, she may enter and retake the land.
(Fee Simple on Executory Limitation + Executory Interest+ Executory Interest)
Pepe grants Tealacre to Rory for life, then to Totie if she loses 100 pounds.
(Life Estate + Contingent Remainder + Reversion in Pepe)
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WARM-UP/REVIEW 2:Conditional Interests
BASICSBASICS•Identifying Defeasible Fees
•Defeasible Fees v. Finite Estate + Contingent Remainder
•Defeasible Finite EstatesDefeasible Finite Estates
•Future Interests that Follow Defeasible Estates
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Defeasible Finite Estates: Defeasible Finite Estates: Examples
Term of Years on Condition Subsequent:“To Joshua for 20 years, but if he ever passes the bar
exam, I can enter & retake.”
Life Estate on Executory Limitation“To Richard for life, but to Chris & his heirs if Chris ever
passes the bar exam.”
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WARM-UP/REVIEW 2:Conditional Interests
BASICSBASICS•Identifying Defeasible Fees
•Defeasible Fees v. Finite Estate + Contingent Remainder
•Defeasible Finite Estates
•Future Interests that Follow Future Interests that Follow Defeasible EstatesDefeasible Estates
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Defeasible Fees & Matching Future Interests
(Accessorizing)(Accessorizing)
• FEE SIMPLE DETERMINABLE & Possibility of Reverter
• F.S. ON CONDITION SUBSEQ’T & Right of Re[Entry]
• F.S. ON EXECUTORY LIMITATION & Executory Interest
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Defeasible Finite Estates & Matching Future Interests
• Defeasible Finite Estates Necessarily Create Two Future Interests• One cuts off the finite estate if the
condition is met)• One follows at the end of the finite estate
if it terminates naturally (i.e., if the condition is not met).
• If One Person Holds Both of These Future Interests, They Will Merge Into the “Larger” Interest
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Defeasible Finite Estates & Matching Future Interests
• Defeasible Finite Estates Necessarily Create Two Future Interests
• If One Person Holds Both Future Interests, They Will Merge Into the “Larger” Interest
• Example (4H): Thelma conveys “To Louise for 99 Years if Louise so long live." – Louise: Term of years determinable.– Thelma: Possibility of Reverter plus
Reversion
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Defeasible Finite Estates & Matching Future Interests
• Defeasible Finite Estates Necessarily Create Two Future Interests
• If One Person Holds Both Future Interests, They Will Merge Into the “Larger” Interest
• Example (4H): Thelma conveys “To Louise for 99 Years if Louise so long live." – Louise: Term of years determinable.– Thelma: Possibility of Reverter plus
Reversion Reversion (Merger) (Captures idea that T will end up with land eventually no matter what)
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Defeasible Finite Estates & Matching Future Interests
• Defeasible Finite Estates Necessarily Create Two Future Interests
• If One Person Holds Both Future Interests, They Will Merge Into the “Larger” Interest
• Example (E79): O “To A for life or until A divorces, then to B" – A: Life Estate on Executory Limitation.– B: Shifting Executory Interest Shifting Executory Interest + Vested
Remainder
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Defeasible Finite Estates & Matching Future Interests
• Defeasible Finite Estates Necessarily Create Two Future Interests
• If One Person Holds Both Future Interests, They Will Merge Into the “Larger” Interest
• Example (E79): O “To A for life or until A divorces, then to B" – A: Life Estate on Executory Limitation.– B: Shifting Executory Interest Shifting Executory Interest + Vested
Remainder Vested Remainder (Merger) (Captures idea that A will end up with land eventually no matter what)
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In 2006, Brian grants Mason-acre “to Dolly for life, then to Jessica so long as she never tries to sell Mason-acre, otherwise to Mike and Mili.” otherwise to Mike and Mili.”
At the time of the grant, Jessica has a(a) Vested remainder in fee simple determinable.(b) Vested remainder in fee simple absolute.(c) Vested remainder in fee simple on executory limitation.(d) Vested remainder subject to divestment.
Take a moment and try this.
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In 2006, Brian grants Mason-acre “to Dolly for life, then to Jessica so long as she never tries to sell Mason-acre, otherwise to Mike and Mili.” otherwise to Mike and Mili.”
At the time of the grant, Jessica has a(a) Vested remainder in fee simple determinable.
(b) Vested remainder in fee simple absolute.(c) Vested remainder in fee simple on executory limitation.(d) Vested remainder subject to divestment.
Why is (b) the correct answer?
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Conditions: Conditions: Additional InformationAdditional Information
• Unacceptable Unacceptable ConditionsConditions
• Problem 4O • Shapira• Timing Issues
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Unacceptable Conditions
Conditions So Abhorrent …
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Unacceptable Conditions
Conditions So Abhorrent …
You Can’t Even Impose Them on Your Own
Children
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Unacceptable Conditions
• Total Restraint on Alienation
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Unacceptable Conditions
In 2006, Brian grants Mason-acre “to Dolly for life, then to Jessica so long as she never tries to sell
Mason-acre, otherwise to Mike and Mili.”
•Total Restraint on Alienation is Invalid
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Unacceptable Conditions
In 2006, Brian grants Mason-acre “to Dolly for life, then to Jessica so long as she never tries to sell
Mason-acre, otherwise to Mike and Mili.”
•Total Restraint on Alienation is Invalid• Pencil Out Unlawful Condition (and
executory interest that turns on it)
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Unacceptable Conditions
In 2006, Brian grants Mason-acre “to Dolly for life, then to Jessica so long as she never tries to sell
Mason-acre, otherwise to Mike and Mili.”
•Total Restraint on Alienation is Invalid• Pencil Out Unlawful Condition (and
executory interest that turns on it)• Result is Vested Remainder in Fee
Simple Absolute
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Unacceptable Conditions
In 2006, Brian grants Mason-acre “to Dolly for life, then to Jessica so long as she never tries to sell Mason-acre, otherwise
to Mike and Mili.”
•Exam Question Fall 2007 & Spring 2010• 1st Time Nasty b/c New & at End of Test: (1/63 students
got it)• 2d Time (with warning) about 45% got it.• READ CAREFULLY!!
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Unacceptable Conditions
• Total Restraint on Alienation• Partial Restraint OK if Reasonable
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Unacceptable Conditions
• Total Restraint on Alienation• Partial Restraint OK if Reasonable• Most Restrictions Restrain Alienation to
Some Extent• If too burdensome/weird could treat as too
much restraint (b/c nobody will purchase)• See Casebook at P632-33
Maybe: “so long as the owner stays on
the parcel every night.”
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Unacceptable Conditions
• Total Restraint on Alienation• Partial Restraint OK if Reasonable• Most Restrictions Restrain Alienation to Some Extent• Use Restrictions (Only by X?)
• OK if Charitable• Some jurisd: Non-Charitable = Unreas. Restraint
on Alienation
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Unacceptable Conditions
• Total Restraint on Alienation• Doing Criminal Acts
“To Kyley if she murders Matt”
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Unacceptable Conditions
• Total Restraint on Alienation• Doing Criminal Acts• Total Restraint on Marriage: Generally
Barred• Some Jurisd: Maybe OK if Life Estate• Some Jurisd allow reasonable partial restraints
• E.g., “So long as she doesn’t marry until she turns 25”• We’ll explore with Problem 4O & Shapira
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Unacceptable Conditions
• Total Restraint on Alienation• Doing Criminal Acts• Total Restraint on Marriage• Encouraging Divorce (Evil In-Laws
Grant):
“To Lindsay so long as she divorces Doug”
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Unacceptable Conditions
• Total Restraint on Alienation• Doing Criminal Acts• Total Restraint on Marriage• Encouraging Divorce
• Grant Penalizing Divorce Seems to be OK
“To Lindsay for Life, but if she divorces Doug, to
Ashley”
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Unacceptable Conditions
• Total Restraint on Alienation• Doing Criminal Acts• Total Restraint on Marriage• Encouraging Divorce• Commonly Protected Characteristics
• Race-Based Limitations (Unenforceable)
• Sex-Based Upheld w/in Family• Religion: (We’ll Discuss w Shapira)
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Unacceptable Conditions
• Total Restraint on Alienation• Doing Criminal Acts• Total Restraint on Marriage• Encouraging Divorce• Commonly Protected Characteristics
QUESTIONS?
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Conditions: Conditions: Additional InformationAdditional Information
• Unacceptable Conditions
• Problem 4OProblem 4O • Shapira• Timing Issues
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Yellowstone (4O): Archie in will: “To my wife Edith, for her use & benefit, so long as she remains unmarried.”
Residue to daughter Gloria.• Gloria is not Edith’s child.• Edith moves in with male friend, Sherman. • Edith then dies, devising all her property to
Sherman.
“devising” means?
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Yellowstone (4O): Archie in will: “To my wife Edith, for her use & benefit, so long as she remains unmarried.”
Residue to daughter Gloria.
Note on Future Interests Created in Wills•The future interest that is retained by Archie (when he grants present interest to Edith) then passes to Gloria through the residuary clause. •For purposes of naming the property rights involved, we treat this future interest as being held initially by Archie (the grantor), because it is not explicitly described as being granted to a third party.
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Yellowstone (4O): Archie in will: “To my wife Edith, for her use & benefit, so long as she remains unmarried.” Residue
to daughter Gloria.
Three Qs/Ambiguities I Said We’d Discuss:
1. Life Estate Determinable v. Fee Simple Determinable?
2. Is condition restraining second marriage void?
3. Does cohabitation violate a restraint on marriage?
Then We’ll Work Through Decision Tree
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EXAM TIP: “Which of the Following Arguments Does [Not] Support …”
• Can Arise in Context of– Fee Simple v. Life Estate (White, 4o)– FSD v. FSCS (Mahrenholz, 4i)– Whether a Condition is Valid (Shapira, 4o)– Timing Ambiguities (Tomorrow)
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EXAM TIP: “Which of the Following Arguments Does [Not] Support …”
• For an Argument to “Support” a Particular Legal Result: 1. It Must Be Correct and2. It Must Logically Suggest that the Result is
More Likely or More Desirable Than the Alternative
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YELLOWSTONE (PROBLEM 4O)
GIANT GEYSER
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Yellowstone (4O): Archie in will: “To my wife Edith, for her use & benefit, so long as she remains unmarried.”
Residue to daughter Gloria.
(Q1) Arguments Supporting Fee Simple Determinable (as opposed to Life Estate
Determinable?)
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Yellowstone (4O): Archie in will: “To my wife Edith, for her use & benefit, so long as she remains unmarried.”
Residue to daughter Gloria.
• Arguments Supporting FSD Include:– Presumption of Fee Simple if Today– No Explicit Reference to “Life”– No Explicit Gift Over Listed (See White v.
Brown)
• Arguments Supporting Life Estate Determinable?
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Yellowstone (4O): Archie in will: “To my wife Edith, for her use & benefit, so long as she remains unmarried.”
Residue to daughter Gloria.
(Q1) Arguments Supporting Life Estate Determinable (Q1) Arguments Supporting Life Estate Determinable Include:Include:•Presumption of Life Estate if at Common LawPresumption of Life Estate if at Common Law•““Use and Benefit” Sounds Like Life Estate (Hard to “Use” Use and Benefit” Sounds Like Life Estate (Hard to “Use” Land After Death)Land After Death)•Condition/Language is Consistent with Intent to Provide Condition/Language is Consistent with Intent to Provide Shelter/Support for Edith Shelter/Support for Edith During Her LifetimeDuring Her Lifetime•Reasonable to Think Archie would try to Protect Gloria (not Reasonable to Think Archie would try to Protect Gloria (not Edith’s daughter)Edith’s daughter)
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Yellowstone (4O): Archie in will: “To my wife Edith, for her use & benefit, so long as she remains unmarried.”
Residue to daughter Gloria.• Caselaw in many states today
interpreting “for use and benefit:”– Majority View: creates Fee Simple– Minority View: creates Life Estate
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Yellowstone (4O): Archie in will: “To my wife Edith, for her use & benefit, so long as she remains unmarried.”
Residue to daughter Gloria.
Majority View: •E has Fee Simple Determinable •What is Remaining Future Interest in Archie (passed to Gloria through residuary clause)?
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Yellowstone (4O): Archie in will: “To my wife Edith, for her use & benefit, so long as she remains unmarried.”
Residue to daughter Gloria.
Majority View: •E has Fee Simple Determinable •A G: Possibility of Reverter
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Yellowstone (4O): Archie in will: “To my wife Edith, for her use & benefit, so long as she remains unmarried.”
Residue to daughter Gloria.
Minority View: •E has Life Estate Determinable •What is Remaining Future Interest in Archie (passed to Gloria through residuary clause)?
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Yellowstone (4O): Archie in will: “To my wife Edith, for her use & benefit, so long as she remains unmarried.”
Residue to daughter Gloria.
Minority View: •E has Life Estate Determinable •Possibility of Reverter + Reversion
– Merges into Reversion
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Yellowstone (4O): Archie in will: “To my wife Edith, for her use & benefit, so long as she remains unmarried.”
Residue to daughter Gloria.
(Q2) If Edith had never married, condition probably would be void as against public policy. (Allowed for
life estates in a few states)Should we treat condition restraining second marriage differently from one restraining first
marriage?
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Yellowstone (4O): Archie in will: “To my wife Edith, for her use & benefit, so long as she remains unmarried.” Residue to
daughter Gloria.(Q2) Is condition restraining
second marriage void as against public policy?
•Policy Concerns: A’s right to control property v. E’s right to control her life•Court probably more likely to allow condition if it views E’s interest as just a life estate for support
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Yellowstone (4O): Archie in will: “To my wife Edith, for her use & benefit, so long as she remains unmarried.” Residue to
daughter Gloria.(Q2) Is condition restraining second marriage void as against public policy? Result:
–If not void, nothing changes–If void, pencil out condition
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Yellowstone (4O): Archie in will: “To my wife Edith, for her use & benefit, so long as she remains unmarried.” Residue to
daughter Gloria.• If condition void, pencil out condition:
“To my wife Edith, for her use & benefit, so long as she remains unmarried.”
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Yellowstone (4O): Archie in will: “To my wife Edith, for her use & benefit, so long as she remains unmarried.” Residue to
daughter Gloria.• If condition void, pencil out condition:
“To my wife Edith, for her use & benefit, so long as she remains unmarried.”
• Resulting Interests:–Majority: E = Fee Simple Absolute–Some: E = Life Estate + G = Reversion
If Void, What Happens when E dies?
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Yellowstone (4O): Archie in will: “To my wife E, for her use & benefit, so long as she remains
unmarried.” Residue to G. E then dies leaving all property to S.
If condition void, resulting interests:
•Majority: E = Fee Simple Absolute– When E Dies, S gets FSA through E’s
will.
•Some: E = Life Estate + G = Reversion – When E dies, Life Estate ends, and G has
FSA.