Property Ownership
A South Carolina real estate owner's 'fee simple subject to executory limitation' means:
AFull ownership that transfers at the owner's death
BOwnership that shifts to a third party if a specified condition occurs✓ Correct
CTemporary ownership for a fixed period
DOwnership held as executor of an estate
Explanation
A fee simple subject to executory limitation shifts ownership to a third party (not the grantor) automatically upon the occurrence of a specified event. It differs from fee simple determinable (which reverts to the grantor).
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