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Ownership of Real Property in Fee Simple Defeasible Means That

Question 54

Multiple Choice

Ownership of real property in fee simple defeasible means that:


A) The ownership is for only a limited period of time.
B) The ownership is absolute except that ownership may be lost upon the occurrence or nonoccurrence of some event.
C) The property reverts to the grantor when some condition is met.
D) Some type of joint ownership exists.
E) The property was acquired through a donation.

Correct Answer:

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