Vincent conveys his land to his friend "as long as it is used for non-commercial purposes." A few months later,Vincent finds out that his friend has been using the land as a parking garage for tourists and charging unreasonable rates.In this case,Vincent's friend would most likely be in violation of the ______.
A) remainder interest
B) future interest
C) fee simple absolute
D) fee simple defeasible
E) reversion interest

Question

Quizplus · Accepted Answer

In this case, Vincent's friend would most likely be in violation of the fee simple defeasible. Fee simple represents the maximum estate allowed under law, the owner having the fullest legal rights and powers to possess, use, and transfer the land. The fee simple absolute estate has no limitations or conditions attached. The fee simple defeasible may have a condition attached to its conveyance (transfer).

Vincent Conveys His Land to His Friend "As Long as It