Property Ownership
In West Virginia, a fee simple defeasible estate is one that:
ACannot be inherited
BMay be terminated upon the occurrence of a specified condition✓ Correct
CIs limited to a person's lifetime
DMust be recorded to be valid
Explanation
A fee simple defeasible (or qualified fee) is a fee simple estate that may be terminated if a specified condition occurs. Examples include a fee simple determinable (ends automatically) and fee simple subject to condition subsequent (can be reclaimed).
Related West Virginia Property Ownership Questions
- In West Virginia, a 'fee simple determinable' estate automatically reverts to the grantor if:
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- In West Virginia, timber rights can be severed from the surface estate. A buyer purchasing land should verify timber rights ownership by:
- A West Virginia property owner conveys their property 'to John and Jane Smith as joint tenants with right of survivorship.' Jane dies. The property now belongs to:
- A West Virginia property owner who grants permission for a neighbor to use a path across their land, but intends this to be revocable at will, should document this as:
- In West Virginia, a 'partition action' is a lawsuit that allows:
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- In West Virginia, which of the following is a characteristic of the fee simple absolute estate?
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