AL Bar Property 2

Question 1

O conveys 'to A, but if A sells alcohol on the premises, then to B.' What future interest does B hold?

Accepted Answer

Executory interest

Answer

Right of entry (power of termination)

Answer

Possibility of reverter

Answer

Vested remainder subject to divestment

Question 2

Under the Rule Against Perpetuities, which interest is void if it might not vest within a life in being plus 21 years?

Accepted Answer

Contingent remainder

Answer

Vested remainder

Answer

Possibility of reverter

Answer

Right of entry

Question 3

A tenant in common may do all of the following EXCEPT:

Accepted Answer

Unilaterally partition the property without court action

Answer

Convey her undivided interest to a third party

Answer

Encumber her share with a mortgage

Answer

Bring a partition action in court

Question 4

An easement appurtenant runs with the land. When the dominant estate is sold, what happens to the easement?

Accepted Answer

It automatically passes with the dominant estate

Answer

It is extinguished unless re-recorded

Answer

It must be separately assigned in the deed

Answer

It converts to a license

Question 5

Under Alabama law, which of the following is the proper way to terminate a periodic tenancy?

Accepted Answer

Notice equal to one full period, given prior to the end of a period

Answer

No notice required; tenant simply vacates

Answer

90-day notice regardless of the period length

Answer

Written notice filed with the probate court

Question 6

A seller enters a contract to sell real property. Before closing, the house is destroyed by fire. Under the equitable conversion doctrine, who bears the risk of loss?

Accepted Answer

The buyer, who holds equitable title under the contract

Answer

The seller, who still holds legal title

Answer

The loss is split equally between buyer and seller

Answer

Neither party; the contract is void

Question 7

Which covenant in a general warranty deed warrants that the grantor has not previously conveyed the same estate to anyone other than the grantee?

Accepted Answer

Covenant of seisin

Answer

Covenant against encumbrances

Answer

Covenant of further assurances

Answer

Covenant of warranty