Property Ownership
In Florida, a 'fee simple determinable' estate automatically reverts to the grantor if:
AThe grantee fails to pay property taxes
BA specified condition or event occurs (or fails to occur)✓ Correct
CThe property is sold to a third party
DThe grantee fails to maintain the property
Explanation
A fee simple determinable is a fee estate that automatically terminates and reverts to the grantor if a specified condition occurs or a stated use ceases (e.g., 'as long as used as a school'). It uses words like 'so long as' or 'while'.
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