Property Ownership
What does 'fee simple defeasible' mean?
AA fee simple estate that can be defeated or terminated if specified conditions are violated✓ Correct
BA fee simple estate with no restrictions
CAn estate held by a corporation
DAn estate that cannot be transferred
Explanation
Fee simple defeasible is an estate in fee simple that can be defeated (terminated) if certain conditions occur. There are two types: fee simple determinable (automatically ends on the condition's occurrence) and fee simple subject to a condition subsequent (can be reclaimed if a condition is violated).
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