Property Ownership
What is 'fee simple defeasible' and how might it apply to a Kansas property?
AA fee simple estate with no encumbrances
BA fee simple estate subject to conditions that, if violated, could cause the estate to revert or be subject to re-entry✓ Correct
CA life estate measured by the life of the grantee
DA leasehold interest in Kansas farmland
Explanation
Fee simple defeasible (conditional fee or fee simple on condition subsequent) is an ownership interest that can be lost if certain conditions are violated. For example, land donated to a Kansas city for park use might revert if the use changes.
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