If Alycia deeds property to Bernice and her heirs, with the stipulation that if Bernice leaves no heirs the property will then go to Cynthia, then Cynthia now holds which type of estate?
Question & Answer
Review the question and all answer choices
Contingent life estate
A is incorrect because a contingent life estate would be an interest lasting only for someone's lifetime, not a full ownership interest like Cynthia's. The question doesn't suggest Cynthia's interest is limited to her lifetime.
Contingent reversion fee
B is incorrect because a reversion occurs when a grantor transfers less than all their interest and retains the possibility of reclamation. Here, Alycia is not retaining any interest - she's giving it to Cynthia only if Bernice fails to meet the condition.
Contingent remainder fee
Reversionary interest
D is incorrect because while Cynthia does have a reversionary interest in the broad sense, this is too vague. The question asks for the specific type of estate, and 'contingent remainder fee' precisely describes her interest, whereas 'reversionary interest' is a more general category.
Why is this correct?
C is correct because Cynthia holds a contingent remainder fee. A remainder is a future interest that follows the natural termination of a prior estate. It's contingent because it depends on Bernice dying without heirs, and it's a fee because it represents the full ownership interest in the property.
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