Property Ownership
Which of the following best describes a 'fee simple determinable' interest?
AAn interest that expires after 10 years
BA fee estate that automatically terminates if a specified condition occurs✓ Correct
CA fee estate subject to a life tenancy
DAn interest created by an adverse possession claim
Explanation
A fee simple determinable is an ownership interest that automatically terminates and reverts to the grantor if a specified event or condition occurs (e.g., 'to the school board as long as used for school purposes').
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