If gifted land is not used for its intended purpose, which right does the grantor have?

Get more with Examzify Plus

Remove ads, unlock favorites, save progress, and access premium tools across devices.

FavoritesSave progressAd-free
From $9.99Learn more

Master Texas Real Estate Principles 1. Study with engaging quizzes featuring multiple choice questions. Includes hints and detailed explanations. Get ready for success!

The correct choice in this scenario is that the grantor retains a Right of Reentry when the gifted land is not used for its intended purpose. This right is typically associated with conditions placed on ownership, where the grantor can reclaim the property if the specific condition is violated.

In cases where land is gifted with a specific condition, like the requirement to use it for a particular purpose, the grantor maintains a vested interest in ensuring that the land is utilized as intended. If the recipient fails to adhere to this condition, the grantor has the authority to reenter the property, effectively reclaiming ownership.

This situation contrasts with other ownership types. Fee Simple Determinable involves automatic reversion of the property to the grantor if the specified condition is not met, whereas a Fee Simple Subject to a Condition Subsequent allows the grantor to reclaim the property only through a legal action after the condition is violated. A Life Estate pertains to rights tied to an individual's lifetime rather than conditions placed on the use of the property after a gift.

The Right of Reentry, therefore, aptly represents the grantor's ability to maintain some control over the land's use post-gift, aligning with the idea that the property was transferred under specific conditions that

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy