A fee simple determinable estate automatically reverts to the grantor if:
Why A specific stated condition or event occurs or does not occur Is Correct
Answer B: A specific stated condition or event occurs or does not occur
Exam Tip: Property Ownership
Property ownership questions test the bundle of rights and different forms of ownership. Know the differences between joint tenancy, tenancy in common, and community property, including the right of survivorship.
Key Property Ownership Terms in This Question
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- In Alabama, a fee simple determinable estate automatically reverts to the grantor if:Property Ownership
- The term 'fee simple subject to a condition subsequent' means the estate:Property Ownership
- A fee simple estate subject to a condition can be distinguished from a fee simple absolute because:Property Ownership
- A fee simple absolute estate is best described as:Property Ownership
Key Terms to Know
The highest and most complete form of property ownership — absolute ownership with the right to use, sell, or pass the property to heirs.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
EasementA non-possessory right to use another person's land for a specific purpose.
EncumbranceAny claim, lien, charge, or liability attached to real property that affects its value or limits its use.
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