fee simple determinable

Noun

Meaning

fee simple determinable (plural fees simple determinable)

(law) A defeasible fee created with clear durational language expressing a condition (e.g. "so long as", "until", "while") which causes ownership of a property to revert to the grantor upon the occurrence of that condition.
Joe gives Mike an estate in land "so long as no alcohol is brought onto the property"; this creates a fee simple determinable - if alcohol is brought onto the property, ownership of the land automatically reverts to Joe.

Source: en.wiktionary.org

Related terms

reverter fee simple subject to condition subsequent possibility of reverter fee simple subject to executory limitation

Close letter words and terms

fee sharing fee simple fee simple absolute in possession fee simple subject to condition subsequent fee simple subject to executory interest fee simple subject to executory limitation