A(n) ________ grants the owner all the incidents of a fee simple absolute except that ownership may be taken away if a specified condition occurs or does not occur.
A) future interest
B) servient estate
C) fee simple defeasible
D) easement estate

Question

Quizplus · Accepted Answer

A fee simple defeasible is a type of estate that grants the owner all incidents of a fee simple absolute, except that ownership may be taken away if a specified condition occurs or does not occur. This condition is typically stated in the deed, and if it is violated, ownership of the property reverts back to the original grantor or their heirs. This is different from a future interest which is a legal right to receive property at some future time, and from a servient estate or easement estate which are both types of limited rights to use someone else's property.

A(n) ________ Grants the Owner All the Incidents of a Fee