Property Ownership

What is a 'fee simple determinable' estate in Rhode Island property law?

AOwnership with no restrictions whatsoever
BA fee simple that automatically terminates and reverts to the grantor if a specified condition occurs✓ Correct
CA life estate that converts to fee simple at death
DA fee simple shared between multiple owners

Explanation

A fee simple determinable is an ownership interest that automatically ends and reverts to the grantor if a specified condition or restriction is violated (e.g., 'to the school district so long as used for educational purposes'). If the condition ends, ownership automatically reverts.

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