Amy conveys (transfers) a plot of land to "Robert Lopez and his heirs as long...

70.2K

Verified Solution

Question

Accounting

Amy conveys (transfers) a plot of land to "Robert Lopez and his heirs as long as the land is used for charitable purposes." For forty years, Robert uses the land to generate income that he donates to various charities. After both Amy and Robert die (Amy died before Robert) and after Robert's death, his daughter Mary begins to keep the income from the property for herself.

Do Amy's heirs have any rights or entitlement to the plot of land? Explain.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students