Property Ownership
A Florida deed that uses the phrase 'to ABC Church, so long as used for religious purposes' creates:
AA fee simple absolute
BA fee simple determinable — a defeasible fee that automatically reverts if the condition is violated✓ Correct
CA life estate
DA leasehold interest
Explanation
A 'so long as used for' clause creates a fee simple determinable — the ownership automatically reverts to the grantor (or grantor's heirs) if the stated condition ceases. This is a type of defeasible fee.
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Key Terms to Know
Deed
A written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
Fee SimpleThe highest and most complete form of property ownership — absolute ownership with the right to use, sell, or pass the property to heirs.
Life EstateA freehold interest in real property that lasts only for the duration of a specified person's life.
Deed of TrustA security instrument used in many states instead of a mortgage, involving three parties: borrower (trustor), lender (beneficiary), and a neutral trustee.
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