Property Ownership
A 'fee simple defeasible' is an ownership interest that:
AHas no limitations
BCan be defeated or revoked if a specified condition occurs or ceases✓ Correct
CLasts only for the owner's lifetime
DMust be shared with the government
Explanation
A fee simple defeasible is a fee interest that can be terminated if a specified condition is met (or not met). Examples include a fee simple subject to a condition subsequent or a fee simple determinable.
Related Connecticut Property Ownership Questions
- Which of the following is an example of an appurtenance to real property?
- A Connecticut buyer purchases land and subsequently discovers valuable stone deposits. Who owns the subsurface mineral rights?
- A Connecticut property owner who wants to sell their property but retain the right to continue living there for life could use a:
- In Connecticut, 'police power' allows local governments to:
- Under Connecticut law, a landlord may enter a tenant's residential unit for non-emergency maintenance with at least how much advance notice?
- What is an encumbrance on real property?
- Which type of deed provides the greatest protection to the buyer (grantee) through the broadest warranties?
- A Connecticut home buyer takes title 'subject to' the existing mortgage. The lender has not given consent. The 'due-on-sale' clause in the mortgage would allow the lender to:
Practice More Connecticut Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Connecticut Quiz →