Property Ownership
In South Carolina, the term 'fee simple subject to condition subsequent' means:
AThe property must be sold within a specified period
BThe grantor has the right to reclaim the property if a specified condition is violated, but must take action✓ Correct
CThe property automatically reverts to the grantor upon violation of a condition
DThe grantee must pay a fee for any improvements
Explanation
In fee simple subject to condition subsequent, the grantor has the right (but not the automatic reversion) to reclaim the property if the specified condition is violated. The grantor must take legal action to reclaim it.
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