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The parties dispute the legal effect of a contested transaction. A deed transferred land to named children, but only if they graduate before a stated age. Another actor changed position after relying on the relevant statement, document, or official action. The parties disagree about the legal effect of those facts. Which analysis is most consistent with these facts?

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The court should resolve the dispute by applying the operative rule to the material facts: The answer should identify the governing rule for Present Estates and apply it to the operative facts. Stop the analysis once the proponent states a plausible rule, without addressing the strongest counterargument. Reject the claim or defense solely because the opposing party disputes a required fact. Import a rule from a nearby issue instead of applying the rule triggered by these facts.

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