Common law rule against perpetuities

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Reference no: EM133812109

Question

Assume that the jurisdiction in question follows the common law Rule Against Perpetuities, the Rule in Shelley's Case, the Doctrine of Worthier Title, and the Doctrine of Destructibility, UNLESS THE PARTICULAR QUESTION STATES OTEHRWISE. Ollie conveys Blackacre "to Adam for life, then to Betty, but if Betty fails to graduate from law school before Betty turns 30 years of age, then to Cassie who shall be entitled to Blackacre instead." What estates would a court recognize as created at the time of the conveyance?

A) life estate in Adam, alternative contingent remainder in Betty in fee simple absolute, alternative contingent remainder in Cassie in fee simple absolute.

B) life estate in Adam, vested remainder subject to complete divestment in Betty in fee simple absolute, executory interest in Cassie in fee simple absolute.

C) life estate in Adam, alternative contingent remainder in Betty in fee simple absolute, alternative contingent remainder in Cassie in fee simple absolute, reversion in Ollie in fee simple absolute.

D) life estate in Adam, vested remainder subject to complete divestment in Betty in fee simple subject to condition subsequent, executory interest in Cassie in fee simple absolute.

Reference no: EM133812109

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