A fee simple defeasible estate differs from a fee simple absolute estate because it:
Correct Answer
B) May be terminated or reverted if a specified condition is violated
A fee simple defeasible estate is a freehold estate that is subject to a condition or limitation. Unlike fee simple absolute, which is unconditional and perpetual, a fee simple defeasible may be terminated and ownership reverted to the grantor or a third party if the specified condition is violated. This type of estate is recognized under Iowa property law.
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