Property Ownership
In Kentucky, what happens to the fee simple estate when property is transferred by a deed that says 'so long as used for residential purposes'?
AA fee simple absolute is created
BA fee simple determinable is created, reverting to the grantor if the condition is violated✓ Correct
CA life estate is created
DA leasehold is created
Explanation
The words 'so long as' create a fee simple determinable — the estate automatically reverts to the grantor (or heirs) if the stated condition ceases (the property is used for non-residential purposes).
Related Kentucky Property Ownership Questions
- In the government survey system used in parts of Kentucky, a township is:
- Riparian rights in Kentucky give landowners whose property borders a stream:
- In Kentucky, the type of deed that provides the greatest protection to the buyer with covenants against all prior claims is a:
- In Kentucky, which of the following would NOT be considered a fixture?
- In Kentucky, which form of co-ownership does NOT include the right of survivorship?
- Which of the following is an example of an appurtenant easement?
- A Kentucky property owner who grants an easement to their neighbor for drainage purposes typically creates a(n):
- Tenancy by the entirety in Kentucky is available only to:
Practice More Kentucky Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Kentucky Quiz →