Property Ownership
Iowa's fee simple determinable estate automatically terminates if:
AThe property is sold within 5 years
BA specified condition occurs or ceases, causing automatic reversion to the grantor✓ Correct
CThe property taxes become delinquent
DThe property is subject to adverse possession
Explanation
A fee simple determinable is a freehold estate that automatically ends when a stated condition occurs (or fails to continue), with the property reverting automatically to the grantor. An example is 'to the school district so long as used for educational purposes.'
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