Property Ownership
A Nebraska property owner holds title in fee simple defeasible. This means:
AThe estate lasts only for the owner's lifetime
BThe estate may be defeated if a condition is violated✓ Correct
CThe owner cannot sell the property
DThe estate passes automatically to heirs
Explanation
Fee simple defeasible is ownership that may be lost or terminated if a specified condition is violated (fee simple determinable) or upon a condition subsequent. It is less than absolute fee simple ownership.
Related Nebraska Property Ownership Questions
- A Nebraska married couple holds title as tenants by the entirety. Which statement is CORRECT?
- A deed must contain which of the following to be valid in Nebraska?
- A license (as an interest in real property, not a real estate license) differs from an easement in that:
- A life estate in Nebraska gives the life tenant the right to:
- A deed restriction (restrictive covenant) in Nebraska:
- Air rights in Nebraska refer to the right to:
- A mechanic's lien may be filed against a property by:
- Section 16 in a township in the government rectangular survey system was traditionally reserved for:
Practice More Nebraska Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Nebraska Quiz →