Future Interests: Remainder & Executory Interest

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Nathan conveys a piece of real estate to Martha for life and then to Oliver in fee simple. What type of future interest does Oliver have?

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1. David conveys a piece of real property to Carl so long as the property is used for residential purposes; if it ceases to be used for residential purposes, Beth will receive the property in fee simple. What type of future interest does Beth have?

2. Dad conveys a life estate to Grandma with a remainder in Dad's heirs. What common law doctrine must Dad be worried about?

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About This Quiz & Worksheet

Determine what you know about remainder and executory interest with this quiz and worksheet. Answer questions on things like the possession of interest and the future of interest in given examples.

Quiz & Worksheet Goals

The quiz and worksheet will get you to:

  • Assess the common law doctrine
  • Interpret future interest with regard to life interest and remainder interest
  • Identify a vested remainder in a given problem

Skills Practiced

Use the worksheet and quiz to practice the following:

  • Making connections - use understanding of the concept of future interest and how it is connected to life interest
  • Distinguishing differences - compare and contrast topics from the lesson, such as life interest and remainder interest
  • Knowledge application - use your knowledge to answer questions about remainder and executory interest

Additional Learning

Learn more about this subject with the lesson called Future Interests: Remainder & Executory Interest. Once you've completed the lesson, you will have gone over the following study points:

  • Define possessory estate
  • Explain future interest
  • Assess vested and contingent remainders
  • Interpret common law rules
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