Question

John owns a 100-acre tract of land called Blackacre. He conveys it to Fred in a deed stating… I convey all my interest in Blackacre to Fred except a 50% undivided interest in the mineral estate which I reserve. Fred has two kids. When he dies leaving all of Blackacre to them equally, each owns _______________.

Answer 1

an undivided 50% interest in the surface land, 25 net mineral acres.