Real Property MBE Outline

I. Estates and Future Interests

• Fee Simple Absolute: Absolute ownership.
• Fee Simple Determinable: Ends automatically upon the occurrence of a specific event (Possibility of Reverter).
• Fee Simple Subject to Condition Subsequent: Right of entry must be exercised by grantor.

II. Landlord-Tenant

• Implied Warranty of Habitability: Applies to residential leases; requires landlord to keep premises fit for human habitation.
• Constructive Eviction: Landlord substantially interferes with tenant's use and enjoyment; tenant must vacate to claim.

III. Conveyances

• Recording Acts:

• Notice Jurisdiction: Subsequent BFP wins if they take without notice of prior unrecorded instrument.

• Race-Notice Jurisdiction: Subsequent BFP wins only if th