An Interest in the Future That Arises in a Third

question 3

Multiple Choice

An interest in the future that arises in a third party is called a(n) :

• A) reversion.
• B) remainder.
• C) assignment.
• D) fee simple absolute.

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Definitions:

Building Block

Pre-designed document parts, such as headers, footers, or text boxes, that can be reused to create documents quickly in word processing software.

Spacebar

The long horizontal key on a keyboard that is used to create spaces between words or characters during typing.

Split Cells

A feature in spreadsheet and table editing software that divides one cell into multiple cells either horizontally or vertically.

Insertion Point

The insertion point is the location in a document or text field where the next characters typed from the keyboard will appear, often marked by a cursor.