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In: Finance

If Person A grants his/her property to Person B in a FEE SIMPLE SUBJCT TCNDITIN SUBSEQUENT


 If Person A grants his/her property to Person B in a FEE SIMPLE SUBJCT TCNDITIN SUBSEQUENT, and if Person B violates the condition then a REMAINDER to Person C, is Person C guaranteed to ever receive that property?

  •  No

  •  Yes

  •  No answer text provided.

  •  No answer text provided.


Solutions

Expert Solution

Answer:

No.

Fee simple subject to condition subsequent- This estate has the right of entry. If Mr. john has the land for school and he does not use it for that purpose then grantor has a right of entry. If grantor does not take any action, land will remain with Mr. John even after it is not used for a school

jeff jeffy answered 2 years ago
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