Fee simple defeasible can be thought of as complete ownership with a limitation,which if violated,results in the loss of the property.

Question

Quizplus · Accepted Answer

This statement is true. Fee simple defeasible means that the property owner has complete ownership of the property with a condition or limitation that, if violated, results in the loss of the property. This condition or limitation is known as a "defeasance," which specifies what actions are prohibited and the circumstances under which the property may be forfeited.

Fee Simple Defeasible Can Be Thought of as Complete Ownership