Property Ownership
A 'fee simple defeasible' estate in Arizona is one that:
AHas no conditions on ownership
BMay be defeated (terminated) if certain conditions are violated or met✓ Correct
CIs owned by multiple parties
DPasses automatically to the state at death
Explanation
A fee simple defeasible (or qualified fee) estate is ownership that may be terminated if the holder violates a specified condition or if a stated event occurs. Types include fee simple determinable and fee simple subject to condition subsequent.
Related Arizona Property Ownership Questions
- An Arizona property owner who grants an easement to a neighbor for a driveway should ensure the easement is:
- In Arizona, the prior appropriation doctrine for water rights means:
- In Arizona, 'separate property' that is intentionally mixed with community property so that it can no longer be traced is said to have been:
- The government's right to take private property in Arizona for public use — with just compensation — is known as:
- A life estate in Arizona terminates:
- An encumbrance on real property in Arizona is best described as:
- A deed transfers ownership of Arizona real property when it is:
- What distinguishes real property from personal property?
Practice More Arizona Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Arizona Quiz →