Property Ownership
In South Carolina, what is 'fee simple subject to condition subsequent'?
AA fee simple absolute with no conditions
BA fee simple estate that may be defeated by the grantor exercising their right of re-entry if a specified condition is violated✓ Correct
CA conditional sale of real property
DA fee simple contingent on payment of the purchase price
Explanation
Fee simple subject to condition subsequent is a type of defeasible fee where the grantor retains the right of re-entry if a specified condition is violated. Unlike fee simple determinable (which terminates automatically), this type requires the grantor to take affirmative action to reclaim the property.
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