Property Ownership
In Virginia, a 'fee simple defeasible' estate is best described as:
AA fee simple estate that can never be taken by the government
BA fee simple estate subject to a condition that, if violated, may cause the property to revert to the grantor✓ Correct
CAn estate held by a corporation
DA life estate with remainder to the grantor
Explanation
A fee simple defeasible is a fee simple estate that may terminate if a specified condition occurs. Types include fee simple determinable (automatic reversion) and fee simple subject to condition subsequent (requires grantor's action to reclaim).
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