Property Ownership
A Wisconsin property 'conveyed in fee simple subject to a condition subsequent' means:
AThe grantor retains a life estate
BThe grantee's ownership may be terminated if they violate the stated condition✓ Correct
CThe property is owned by the municipality until the condition is met
DThe grantee has only a leasehold interest
Explanation
Fee simple subject to a condition subsequent gives the grantee full ownership, but if they violate the stated condition, the grantor has the right of re-entry to reclaim the property. The condition must be violated, however — it doesn't automatically terminate ownership.
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