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20.       Owen owns Blueacre in fee simple and then conveys Blueacre in a valid deed using the following language: “I grant my home to Angel for life, then to Betty if Angel dies without issue from his wife Betty, but if Angel dies with issue from his wife Betty, then to Candy.” Angel never has children with Betty and dies two years after Owen’s deed. Assume in the relevant jurisdiction that the doctrine of destructibility of contingent remainders is abolished.Who owns the property after Angel’s death?

30.       Stanley owns a fee simple in Blackacre. Stanley then conveys Blackacre in a valid deed using the following language: “I grant Blackacre to my wife, Jill, for life, and then to my first son to reach the age of 21.” At the time of the conveyance, Stanley and Jill have no children.  Assume in the relevant jurisdiction that the common law Rule Against Perpetuities applies to conveyances and wills and that the doctrine of destructibility of contingent remainders is abolished. Which of the following best describes the interest of Stanley’s first son to reach the age of 21?

26.      Oldie, the owner of a property with a store called Goodwill Bookstore, executed a valid grant deed using the following language: “I give the property with Goodwill Bookstore to Jason for life, then to Justin, but if the property with Goodwill Bookstore ever stops being a bookstore, then the property should go to Jennifer.” Assume in the relevant jurisdiction that the common law Rule Against Perpetuities applies to conveyances and wills and that the doctrine of destructibility of contingent remainders is abolished. After the deed is delivered, which of the following accurately describes Jennifer’s interest in Goodwill Bookstore?

44.       Owen owns his home in fee simple and then conveys his home in a valid deed using the following language: “I grant my home to Adam for life, then to Betty if she graduates with a master’s degree from Northern University before she is thirty years old, but if Betty fails to graduate with a master’s degree from Northern University before she is thirty years old, then to Candy.” At a later time, Adam dies. Two days after Adam’s death, Betty, at the age of 25, graduates from Northern University with a master’s degree.  Assume in the relevant jurisdiction that the doctrine of destructibility of contingent remainders applies to conveyances and wills. Which of the following best describes Owen’s interests in his home after Adam’s death?

27.      Davida, owner in fee simple of a house in Global Village, executed a valid deed with the following language: “I give my house in Global Village to Aunt Bee for life, and then to Uncle Gee for the life of Jonathan, my husband.” What is Davida’s interest, if any, after the conveyance?

25.      Oldie, the owner of a property with a store called Goodwill Bookstore, executed a valid grant deed using the following language: “I give the property with Goodwill Bookstore to Jason for life, then to Justin, but if the property with Goodwill Bookstore ever stops being a bookstore, then the property should go to Jennifer.” Assume in the relevant jurisdiction that the common law Rule Against Perpetuities applies to conveyances and wills and that the doctrine of destructibility of contingent remainders is abolished.Which of the following best describes what Justin has after the grant, assuming all parties named in the deed are still alive?

29.       Ken purchased his home with a 30-year mortgage from City Bank.   Five years after the purchase, Ken obtained a second mortgage with Amazing Bank secured in his home so that he could start his own business.  The loan amount for the second mortgage was more than the loan amount from City Bank.  City Bank agreed to subordinate its loan to the second mortgage on the condition that Ken would agree to an interest rate increase to the City Bank mortgage.  Ken agreed to City Bank’s demand because that is the only way that Amazing Bank would approve the second mortgage.  Years later, Ken’s business failed, and he defaulted on both loans.  Which one of the following statements is most likely correct if Amazing Bank filed for a foreclosure action before City Bank?

3. Owen is the owner of a fee simple in a mansion in the county of Somerset and makes a valid inter vivos conveyance with this language: “I, Owen, convey my mansion in the county of Somerset, to my wife, Booker, for her life, then to Booker’s children who reach age 30.” Assume in the relevant jurisdiction that the common law Rule Against Perpetuities applies to conveyances and wills and that the doctrine of destructibility of contingent remainders is abolished. Which statement must be true at the time of the conveyance?

38.      Cindy, the owner of Blackacre in fee simple absolute, devised Blackacre, using the following language in a valid will: “I give Blackacre to Anthony for life, then to Anthony’s surviving children who reach the age of 21, but if none of Anthony’s children survive him and reach the age of 21, then to George.” Cindy then passes away but Anthony is alive and has one daughter Amy, age 10. Assume in the relevant jurisdiction that the common law Rule Against Perpetuities applies to conveyances and wills and that the doctrine of destructibility of contingent remainders is abolished. Upon Cindy’s death, George has:

23.      Johnny, the owner of Greenacre, executed a valid grant deed using the following language: “I give Greenacre to Lincoln for life, then to Anthony’s children who survive Anthony and who reach 18, but if none of Anthony’s children survive Anthony and reach 18, then to Betty.” Assume in the relevant jurisdiction that the common law Rule Against Perpetuities applies to conveyances and wills and that the doctrine of destructibility of contingent remainders is abolished.After the grant, the future interest for Anthony’s children who survive Anthony and reach 18 is best described as: