Crucial Exams

Multistate Bar Examination Practice Question

Jane purchases a residential property and holds the deed in fee simple. Which statement accurately characterizes Jane's ownership interest in the property?

  • Jane holds the property subject to the grantor's right to re-enter if certain conditions are not met.

  • Jane's ownership interest will terminate upon her death, passing to her heirs.

  • Jane has a limited interest that will expire after a specified period.

  • Jane has full ownership of the property, subject to standard duration and usage conditions.

Multistate Bar Examination
Real Property
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