Property Ownership

A Connecticut owner holds property in 'fee simple defeasible.' This type of ownership:

ACannot be sold or transferred
BMay be terminated if a specific condition is violated✓ Correct
CIs only available to married couples
DProvides unlimited ownership with no restrictions

Explanation

Fee simple defeasible (also called fee simple conditional or fee simple subject to a condition subsequent) is an ownership interest that may be terminated if the holder violates a specified condition. The grantor or their heirs may reclaim the property.

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