Property Ownership
Fee simple defeasible is a type of ownership that:
ACannot be conveyed or inherited
BMay be terminated upon the occurrence or non-occurrence of a specified condition✓ Correct
CIs held by two owners with equal undivided interests
DExpires automatically after 99 years
Explanation
Fee simple defeasible is a fee simple estate that can be defeated (terminated) upon the occurrence or non-occurrence of a condition stated in the deed, such as 'so long as the property is used as a school.'
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