fee simple subject to condition subsequent love

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fee simple subject to condition subsequent


from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. A defeasible fee created with language reserving the right of the grantor to reclaim ownership of the land upon the occurrence of a specified condition (e.g. "if X event occurs, grantor reserves the right to reenter and retake"); upon occurrence of the condition, the grantor may decide to retake ownership or not.


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