Property Ownership
In Kansas, what is a 'fee simple subject to a condition subsequent' estate?
AA fee simple estate that terminates automatically upon a condition
BA fee simple estate where the grantor has the right (but not automatic termination) to re-enter and reclaim the property upon breach of a specified condition✓ Correct
CA fee simple estate subject to a mortgage
DA conditional estate for a fixed term
Explanation
Unlike fee simple determinable (which terminates automatically), a fee simple subject to a condition subsequent gives the grantor the right of entry to reclaim the property after a condition is breached — but does NOT terminate automatically.
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Key Terms to Know
Fee Simple
The highest and most complete form of property ownership — absolute ownership with the right to use, sell, or pass the property to heirs.
Option ContractA contract giving the buyer the right, but not the obligation, to purchase a property at a specified price within a specified time period.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
EasementA non-possessory right to use another person's land for a specific purpose.
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