Property Ownership
A Florida property owner deeds their property 'to my son John, but if John fails to maintain the property as a single-family residence, then to the Eastside Community Foundation.' The Foundation holds which type of future interest?
AA reversion
BA possibility of reverter
CA right of entry (power of termination)
DAn executory interest✓ Correct
Explanation
When a future interest is held by a third party (not the original grantor), it is an executory interest. The son has a fee simple subject to an executory limitation.
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