conditional fee
Noun
Meaning
conditional fee (plural conditional fees)
(law) A fee granted on condition, or limited to particular heirs; the estate of a mortgagee of land, possession of which is conditional on payment.
Noun
conditional fee (plural conditional fees)
(law) A fee granted on condition, or limited to particular heirs; the estate of a mortgagee of land, possession of which is conditional on payment.