Post
by BrainsyK » Thu Apr 05, 2018 5:38 am
K. I guess I have to retract my previous analysis. Sorry for misleading you. I'm just a fellow 1L trying to figure this out. Follow me on this.
Klamath Falls says fee simple subject to executory limitation because the interest was created by saying something like "To A so long as A used it as a library, then to B.” In fee simple subject to executory limitation, B has executory interest, which is subject to RAP. Hence, violation of the RAP invalidated the executory interest. This is not what you asked in the first question. Sorry. My mistake.
"To the first scientist who cures AIDS" would be, to the best of my knowledge, a contingent remainder, which is also subject to RAP, which means violation of RAP will void the interest.
As to whether any transfer ever occurs, in Klamath Falls, it is only B's interest that is invalid. Hence, the transfer to A would still be valid. It's only the consideration of B's interest that violates RAP.
So, as far as I know, you're right. Because there is only one interest in "To the first scientist who cures AIDS" and that interest is invalid, there would never be a transfer of any property.