Fee Simple Determinable Interest

Fee Simple Determinable Interest - A fee simple determinable interest is a type of freehold estate in real property that automatically ends and reverts to the grantor upon the occurrence or non-occurrence of a specified event or condition. This estate is characterized by a possibility of reverter, where the original owner (or their heirs) has the right to reclaim ownership if the condition is breached.

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Fee Simple Determinable Interest
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Definition and Examples

Definition
A fee simple determinable interest is a type of freehold estate in real property that automatically ends and reverts to the grantor upon the occurrence or non-occurrence of a specified event or condition. This estate is characterized by a possibility of reverter, where the original owner (or their heirs) has the right to reclaim ownership if the condition is breached.
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Deprecated
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