Property Valuation
In Maine, a 'fee simple subject to condition subsequent' estate affects appraised value because:
AIt is worth the same as fee simple absolute
BThe condition creates a risk of losing ownership that may reduce market value✓ Correct
CIt automatically increases value due to the condition's protection
DOnly commercial properties can have this estate type
Explanation
A fee simple subject to a condition subsequent may be worth less than fee simple absolute because the attached condition creates a risk that ownership could be lost if the condition is violated, making buyers less willing to pay full price.
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