Question
Ross is a wealthy man. Out of the kindness of his heart, he transfers a piece of real property to his church, "for as long as the property is used for church purposes." Ross has created which of the following ownership interests?
A) Life estate to the church; reversion to Ross.
B) Fee simple absolute in the church.
C) Fee simple defeasible in the church; remainder to Ross.
D) Fee simple defeasible in the church; possibility of reverter to Ross.
A) Life estate to the church; reversion to Ross.
B) Fee simple absolute in the church.
C) Fee simple defeasible in the church; remainder to Ross.
D) Fee simple defeasible in the church; possibility of reverter to Ross.