Property Ownership
A fee simple defeasible is a form of ownership that:
ACannot be transferred by the owner
BCan be terminated upon the occurrence or non-occurrence of a specified event✓ Correct
CProvides unlimited ownership with no conditions
DIs available only to government entities
Explanation
A fee simple defeasible (fee simple determinable, fee simple subject to condition subsequent) is ownership that may be terminated if a specified condition is violated (e.g., 'as long as the property is used as a school').
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