Roberto owned piece of property in fee simple absolute

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Reference no: EM132182831

1a. Roberto owned a piece of property in fee simple absolute. With a warranty deed, he decided to convey a life estate to his niece, Tanya, for her lifetime. Six months later, Roberto died.

What property rights did Roberto have before he conveyed the property to Tanya?

A -All ownership rights

B -Only the right of possession

C -A future interest

D -A life estate

1b. What property rights did Roberto have after he conveyed the property to Tanya?

A -All ownership rights

B -Only the right of possession

C -A future interest

D -A life estate

1c. What property rights did Tanya have after the conveyance?

A -All ownership rights

B -Only the right of possession

C -All ownership rights except possession

D -All ownership rights except the right to permanently dispose of the property

1d. What property rights did Tanya have after Roberto's death?

A -Fee simple absolute

B -None, because Tanya's heirs will inherit the property

C -None, because he used a warranty deed

D -A life estate

1e. Which of the following warranties did Tanya not receive in the transaction?

A -The grantor has the legal ability to sell the property

B -There are no undisclosed claims or encumbrances

C -The grantor warrants against business or economic risk

D -The grantee shall have quiet enjoyment

1f. If Roberto had used a quitclaim deed instead of a warranty deed, what warranties would Tanya have received?

A -The grantor has the legal ability to sell the property

B -There are no undisclosed claims or encumbrances

C -There would be no warranties

D -The grantee shall have quiet enjoyment

Reference no: EM132182831

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