EstatePass
Property OwnershipEstates In LandMEDIUM

A fee defeasible estate is one that can be terminated if which of the following occurs?

Correct Answer

B) A specified condition is violated or ceases to be met

A fee defeasible estate (also called a defeasible fee) is a type of fee simple ownership that can be terminated upon the occurrence or violation of a specified condition. There are two main types: a fee simple determinable, which automatically terminates when the condition is violated (reverting to the grantor), and a fee simple subject to a condition subsequent, which gives the grantor the right to re-enter and reclaim the property. In Delaware, these estates are recognized and the conditions are strictly interpreted. Unlike a life estate, a fee defeasible estate is not limited by a person's lifetime and can be inherited, but the condition continues to run with the land.

Answer Options
A
The owner fails to pay property taxes on time
B
A specified condition is violated or ceases to be met
C
The owner's life comes to an end
D
The property is inherited by a new owner

Why This Is the Correct Answer

Sign up free to unlock full analysis

Why the Other Options Are Wrong

Sign up free to unlock full analysis

Deep Analysis of This Property Ownership Question

Sign up free to unlock full analysis

Background Knowledge for Property Ownership

Sign up free to unlock full analysis
Sign up free to unlock full analysis

Real World Application in Property Ownership

Sign up free to unlock full analysis

Common Mistakes to Avoid on Property Ownership Questions

Sign up free to unlock full analysis

Related Topics & Key Terms

Related Topics:

fee simple absolutelife estatepossibility of reverterright of re-entryconditions in deeds

Key Terms:

fee defeasibledefeasible feeconditionpossibility of reverterright of re-entry
Was this explanation helpful?

More Property Ownership Questions

People Also Study

Practice More Questions

Access 2,000+ practice questions and pass your real estate exam.

Start Practicing