Property Ownership
A Florida property that is held in a 'fee simple defeasible' estate is:
AOwned outright with no restrictions
BSubject to a condition that, if violated, may cause title to revert to the grantor✓ Correct
COwned by the government under eminent domain
DHeld under a 99-year ground lease
Explanation
A fee simple defeasible is a fee simple estate that may be lost if a certain condition is violated. It includes fee simple determinable (automatically reverts on violation) and fee simple subject to condition subsequent (grantor may re-enter).
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