What does 'fee simple subject to condition subsequent' mean in Delaware?
Why A fee simple estate that may be terminated if a specified condition is violated, but only after the original grantor exercises a 'right of entry' Is Correct
Answer B: A fee simple estate that may be terminated if a specified condition is violated, but only after the original grantor exercises a 'right of entry'
Exam Tip: Property Ownership
Property ownership questions test the bundle of rights and different forms of ownership. Know the differences between joint tenancy, tenancy in common, and community property, including the right of survivorship.
Key Property Ownership Terms in This Question
People Also Study
Related Delaware Questions
- An addendum to a real estate purchase contract:Contracts
- A condemnation action in Delaware terminates the owner's property rights through:Property Ownership
- The Delaware Real Estate Commission consists of how many members?Delaware License Law
- Entrepreneurial profit is included in the cost approach because:Property Valuation
- A Delaware homeowner who refinances their primary residence mortgage has a federally mandated right of rescission for how long?Finance
- Which of the following best describes 'fee simple determinable' in Delaware?Property Ownership
- A Delaware landlord refuses to rent to a person because their disability causes them to use a service animal. The landlord has a strict no-pet policy. This action is:Fair Housing
- A Delaware property owner who dies intestate (without a will) has their property distributed according to:Property Ownership
Key Terms to Know
The highest and most complete form of property ownership — absolute ownership with the right to use, sell, or pass the property to heirs.
Chain of TitleThe sequential record of all transfers of ownership for a piece of property from the original patent holder to the present owner.
Joint TenancyCo-ownership where two or more people hold equal, undivided interests with the right of survivorship — when one owner dies, their share passes to the surviving owners.
Tenancy in CommonCo-ownership where two or more people hold undivided interests that need not be equal and pass to each owner's heirs — no right of survivorship.
Study This Topic
Practice More Delaware Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Delaware Quiz →