Property Ownership
In Michigan, a 'fee simple defeasible' estate means:
AThe same as fee simple absolute
BOwnership that may be defeated (terminated) upon the occurrence or non-occurrence of a specified condition✓ Correct
COwnership that automatically transfers to the state upon death
DA leasehold interest with a fixed term
Explanation
A fee simple defeasible is a fee simple ownership interest that can be terminated if a specific condition is violated (fee simple determinable) or if the grantor exercises a right of re-entry (fee simple on condition subsequent).
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