FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/RHNTT12ao72q3s8CyYypiO
Label Fee Simple Subject to a Condition Subsequent
Preferred Label N/A
Identifier N/A
Alternative Labels

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Definition

A fee simple subject to a condition subsequent is a type of freehold estate in real property that grants ownership rights to the holder, subject to a specified condition, with the potential for forfeiture if the condition is violated. Unlike fee simple determinable, this estate does not automatically revert to the grantor upon breach of the condition; instead, the grantor retains the right to re-enter and reclaim the property, but must take affirmative action to enforce this right.

Class Relationships

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Is Defined By

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See Also

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Parent Class Of 0

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Class Hierarchy Visualization

Interactive graph showing class relationships - click on any node to navigate to that class

Additional Information

Metadata

Comment

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Description

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Notes

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Editorial Information

History Note

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Editorial Note

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Deprecated

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Source and Origin

No source or origin information available