NALA ACP Real Estate Practice Questions - NALA Advanced Certified Paralegal - Real Estate Principles Exam

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A grantor conveys land 'to Anna for life, then to Ben and his heirs.' What present interest does Anna hold and what interest does Ben hold?

Anna holds a fee simple determinable; Ben holds a possibility of reverter Anna holds a leasehold; Ben holds a reversion Anna holds a life estate; Ben holds a vested remainder in fee simple Anna holds a fee tail; Ben holds an executory interest

Correct Answer:

Anna holds a life estate; Ben holds a vested remainder in fee simple

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