Andres conveyed Applewood Farm "to Bogatz, her heirs and assigns, so long as the premises are used for residential and farm purposes, then to Cohen and his heirs." The common law Rule Against Perpetuities, unmodified by statute, is part of the law of the jurisdiction in which Applewood Farm is located. As a consequence of the conveyance, Cohen's interest in Applewood Farm is
nothing. a valid executory interest. a possibility of reverter. a right of entry for condition broken