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Source Concurrent Estates Concurrent Estates Matched to this deck.

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0 tracked cards Real Property

O conveys land "to Museum, but if alcohol is ever sold on the premises, O may enter and terminate the estate." Museum later permits wine to be sold at a fund-raiser.
Before O takes any action, what interests exist?

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Museum has a fee simple subject to condition subsequent, and O has a right of entry. Museum has no estate until O enters the land. O has a remainder because O may recover possession in the future. Museum has a life estate because the deed includes a condition.

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