Liz grants property "to AA so long as no alcohol is ever consumed on the premises;if so,then to Maria and her heirs." AA has a fee simple defeasible.

Question

Quizplus · Accepted Answer

This statement correctly describes a fee simple defeasible, which is a type of ownership that can be terminated or altered if certain conditions are not met. In this case, Liz has granted property to AA with the condition that no alcohol is ever consumed on the premises. If this condition is violated, then the ownership of the property may be transferred to Maria and her heirs. Therefore, AA's ownership is defeasible or conditional upon their compliance with the restriction on alcohol consumption.

Liz Grants Property "To AA So Long as No Alcohol