Property Ownership
A North Dakota property owner conveys their home to their daughter using a deed but states: 'To daughter Sarah, but if she ever uses the property for a bar, title shall pass to my son John.' This is a:
AFee simple absolute
BFee simple subject to condition subsequent (defeasible fee)✓ Correct
CLife estate
DTenancy in common
Explanation
A fee simple subject to a condition subsequent (or fee simple on condition) can be defeated if the grantee violates a specified condition. Unlike fee simple determinable, it does not automatically revert; the grantor must take affirmative action.
Related North Dakota Property Ownership Questions
- In North Dakota, the Bundle of Rights associated with property ownership includes all EXCEPT:
- In North Dakota, 'fee simple defeasible' estates differ from 'fee simple absolute' in that:
- In North Dakota, when a married couple holds title as 'joint tenants with right of survivorship,' what happens when one spouse dies?
- In North Dakota, agricultural land ownership by foreign entities is regulated by:
- A deed conveying North Dakota farmland 'to Sarah and Tom' with no other designation creates what type of co-ownership?
- What is a 'life estate' in North Dakota real property law?
- An encroachment occurs when:
- Which of the following BEST describes the bundle of rights associated with real property ownership?
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