Escrow & Title
An Alaska property is transferred by deed with a retained 'right of reentry' by the grantor. This is associated with which type of estate?
AFee simple absolute
BFee simple subject to condition subsequent✓ Correct
CFee simple determinable
DLife estate
Explanation
A fee simple subject to condition subsequent includes the grantor's 'right of reentry' — the grantor's reserved right to reclaim the property if a specified condition is violated. Unlike fee simple determinable (which terminates automatically), fee simple subject to condition subsequent requires the grantor to affirmatively exercise the right of reentry to reclaim the property.
Related Alaska Escrow & Title Questions
- Which type of title transfer does NOT require a deed?
- In Alaska, property sold at a tax deed sale is typically transferred via a:
- In Alaska, after a deed is recorded, it provides:
- An Alaska deed must be acknowledged (notarized) before it can be:
- A mechanic's lien in Alaska is filed by:
- Owner's title insurance in Alaska protects:
- A deed in Alaska must be acknowledged (notarized) primarily to:
- In Alaska, the legal description in a deed must be sufficient to:
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