Question
X grants Y a life estate.Subsequently Y executes a valid quit claim deed to convey her interest to Z.What best describes Z's interest in the
X grants Y a life estate.Subsequently Y executes a valid quit claim deed to convey her interest to Z.What best describes Z's interest in the land?
options:
1) Z has a fee simple absolute because he has a deed.
2) Z has a life estate that reverts back to X or X's heirs when Z dies.
3) Z has a life estate that reverts back to X or X's heirs when Y dies.
4) Z has a fee simple defeasible.
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Business Law Text and Cases
Authors: Kenneth W. Clarkson, Roger LeRoy Miller, Frank B. Cross
12th Edition
978-053847082, 1285834623, 9780538470810, 0538470828, 9781285834627, 053847081X , 978-1111929954
