Copyright

Future Interests: Possibility of Reverter, Right of Entry & Reversion

Instructions:

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

question 1 of 3

Jack grants a life estate to Diane. What future interest does Jack have?

Create Your Account To Take This Quiz

As a member, you'll also get unlimited access to over 79,000 lessons in math, English, science, history, and more. Plus, get practice tests, quizzes, and personalized coaching to help you succeed.

Try it risk-free
Try it risk-free for 30 days. Cancel anytime
Already registered? Log in here for access

1. John conveys a piece of property in fee simple defeasible to his city so long as the city uses the property as a public park. What type of future interest does John have?

2. Which of the following future interests requires its holder to take action before gaining possession?

Create your account to access this entire worksheet
A Premium account gives you access to all lesson, practice exams, quizzes & worksheets
Access to all video lessons
Quizzes, practice exams & worksheets
Certificate of Completion
Access to instructors
Create an account to get started Create Account

About This Quiz & Worksheet

There are numerous types of future interests in real estate. Measure your familiarity with these types with the help of this quiz and worksheet combination. The quiz will ask you questions about the future interests that are held by a grantor or devisor and examples of this type of interest.

Quiz & Worksheet Goals

These assessments test on the following types of future interests:

  • Interest given when granting a life estate
  • Requires the holder to take action before gaining possession
  • Type that is conveyed fee simple determinable

Skills Practiced

The quiz and worksheet allow you to practice the following skills:

  • Reading comprehension - ensure that you draw the most important information from the related lesson on future interests in real property
  • Information recall - access the knowledge you've gained regarding different kinds of future interests
  • Knowledge application - use your knowledge to answer questions about the type of future interests held by a grantor

Additional Learning

To learn more about these legal rights, study the lesson Future Interests: Possibility of Reverter, Right of Entry & Reversion. These objectives are covered:

  • Define possessory estate
  • Understand the meaning of future interest
  • Identify another name for reversion
  • Explore examples of the types of these interests
Support