Property Ownership

A fee simple defeasible estate:

ACannot be transferred to another party
BMay be terminated upon the occurrence or non-occurrence of a specified condition✓ Correct
CIs always subject to a life estate
DPasses automatically to the government when the owner dies without heirs

Explanation

A fee simple defeasible (conditional) estate is the largest ownership interest that can be taken away — it may be terminated if a specified condition is violated or not met. Common examples include grants with conditions like 'so long as used for residential purposes.'

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