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Fee simple determinable

noun

Definitions

Noun
  1. 1
    A defeasible fee created with clear durational language expressing a condition (e.g. "so long as", "until", "while") which causes ownership of a property to revert to the grantor upon the occurrence of that condition.

    "Joe gives Mike an estate in land "so long as no alcohol is brought onto the property"; this creates a fee simple determinable - if alcohol is brought onto the property, ownership of the land automatically reverts to Joe."

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