A fee simple estate may be held

• [DOC File]Chapter 5

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  -Each unit owned in fee simple, though can be held as a life estate or leasehold.-Common areas owned as tenants in common, but no rt. to partition.-Restrictions upon transfer: 1) Restraint upon alienation- valid if "reasonable," e.g. forbidding time-sharing since want neighbors to know each other (Laguna Royale Owners Assoc. v.

  what is fee simple

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• [DOC File]VAOPGCPREC 26-95

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  : future interest held by a transferor of a fee simple determinable. O to A so long as X (O has possibility of reverter) Right of Entry/ power of termination: created when grantor grants estate by a fee simple subject to a condition subsequent. O to A but if liquor served, O has right of entry (option to exercise right) In Grantee. Remainder

  fee simple vs leasehold

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• [DOC File]PROPERTY OUTLINE - NYU Law

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  lien on the Fee Estate, and acknowledging the agreements, covenants and obligations set forth in this Rider are applicable to Ground Lessor. Ground Lessor represents that Ground Lessor possesses an unencumbered fee simple absolute estate in the Land and that it owns the Land and, to the extent not owned in fee by Borrower, the Improvements, free and clear of all Liens, encumbrances and charges ...

  fee simple real estate term

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• [DOC File]REAL PROPERTY - Stanford Law School

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  b. Fee Simple. i. Estate System-tenant has status as tenant of the fee or tenant for life, estate defined by the length of time it may endure: fee simple-may endure forever, life estate-for the life of a person, term of years-for some period of time measured by calendar. ii.

  estate held in fee simple definition

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• [DOCX File]MODIFICATIONS TO SECURITY INSTRUMENT

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  Example – Blackacre is a parcel of land in BC. An estate in fee simple over Blackacre was granted in 1911 by the Crown to A. A granted the fee simple estate to B, who upon her death devised the estate to C, the current owner. D is a First Nation with a claim to Aboriginal title over an …

  fee simple lot

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• Chapter 8 Forms of real estate ownership Flashcards | Quizlet

  (1) A fee simple estate therein, legal or equitable; or (2) A leasehold estate running or renewable . . . for a period of not less than 14 years from the maturity of the loan . . . ; or (3) A life estate, provided that the remainder and reversionary interests are subjected to the lien.

  example of fee simple estate

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• [DOC File]PROPERTY - NYU Law

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  The following may be satisfactory types of property interest: fee simple estate; life estate; functional equivalent of a life estate, such as that created by a valid trust, a long-term lease, or a land installment contract that will convert to a fee-simple estate upon satisfaction of the contract’s terms and conditions;

  qualified fee simple estate

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