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Property Ownership Land Use ControlsProperty_ownership_land_use_controlsHARD

A farmer sold a portion of his farm to a railroad company with the condition “as long as it remains a rail line.” In the event of abandonment, the rail line property would revert back to the farmer or the farmer’s heirs. What type of estate is described in this scenario?

Correct Answer

B) Fee simple determinable

Fee simple determinable automatically terminates and reverts to the grantor when a specified condition occurs.

Answer Options
A
Life estate
B
Fee simple determinable
C
Tenancy at will
D
Tenancy at sufferance
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Related Topics & Key Terms

Related Topics:

future-estatesproperty-deedsreal-property-interests

Key Terms:

fee simple determinablepossibility of reverterdurational conditionautomatic reversionfreehold estate

Related Concepts

A certificate of occupancy (CO) is an official document issued by the local building department certifying that a building complies with building codes and is safe for occupancy. It is required before a building can be legally occupied.

A conditional use permit (also called a special use permit) allows a land use that is not automatically permitted by zoning but may be allowed under certain conditions. The use must be compatible with the surrounding area.

Deed restrictions are limitations placed in a deed that control how a property may be used by the current and future owners. They are a form of private land use control that runs with the land.

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