What is a fee simple determinable?

A fee simple determinable is an estate that will end automatically when the stated event or condition occurs. The interest will revert to the grantor or the heirs of the grantor. Normally, a possibility of reverter follows a fee simple determinable.Click to see full answer. Also, what is a fee simple Defeasible?A fee simple defeasible…

A fee simple determinable is an estate that will end automatically when the stated event or condition occurs. The interest will revert to the grantor or the heirs of the grantor. Normally, a possibility of reverter follows a fee simple determinable.Click to see full answer. Also, what is a fee simple Defeasible?A fee simple defeasible is a conveyance of property that has conditions placed on it. The holder of a fee simple defeasible possesses the property as a fee simple subject to that condition. If the condition is violated or not met, then the property will either go back to the original grantor or a specified third party.Likewise, how does a fee simple determinable differ from a fee simple on condition subsequent? The major difference is that while a fee simple determinable automatically ends if the grantee (the person who received the land) does not fulfill the condition, the grantee’s interest in a fee simple subject to condition subsequent does not automatically end if the event or condition occurs. People also ask, what is another name for a fee simple determinable estate? Fee simple defeasible (qualified fee) An estate that is subject to some condition to determine when it will begin or end. Also referred to as determinable, conditional or qualified fee. A defeasible fee creates an encumbrance on the title and runs with the land.What is a fee simple subject to a condition subsequent?Fee Simple Subject to Condition Subsequent: The estate is similar to a fee simple, but has a condition attached. A has a defeasible fee simple estate subject to a condition subsequent, and the grantor has a right of entry. If the land is not used for a museum, then the grantor must take action to recover the land.

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