Behan and Sparty own 1234 Grand River, East Lansing, Michigan as tenants
in common. There estate they hold is a conditional estate. Upon the death of
Behan, Behan’s interest in 1234 Grand River, East Lansing, Michigan
passes:
Question 20 options:
automatically to the State of Michigan as an escheated property if Behan's only close family member (his sole heir) is serving a five year prison sentence in a Michigan prison |
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to the holder of the condition on the estate, since Behan is now dead and his interest triggers the 'possibility of reverter' for the conditional estate |
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to Sparty, provided that Sparty did not intentionally cause the death of Behan |
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to Michigan State University, as the holder of the intellectual property rights to Sparty |
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through Behan's probate estate |
Since Behan and Sparty jointly hold the estate in Michigan which has conditional clause attached with it. So, upon the death of Behan, Behan's interest in 1234 Grand River, East Lansing, Michigan passes to the holder of condition on the estate , since Behan is now dead and his interest triggers the possibility of reverter for the conditional estate. Possibility of reverter is one of type of future interest and is related to possessory estate of fee simple determinable.
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