fee simple subject to condition subsequent

Noun

Meaning

fee simple subject to condition subsequent (plural fee simples subject to condition subsequent)

(law) A defeasible fee created with language reserving the right of the grantor to reclaim ownership of the land upon the occurrence of a specified condition (e.g. "if X event occurs, grantor reserves the right to reenter and retake"); upon occurrence of the condition, the grantor may decide to retake ownership or not.

Source: en.wiktionary.org

Related terms

right of entry fee simple subject to executory interest fee simple determinable power of termination fee simple subject to executory limitation

Close letter words and terms

fee simple fee simple absolute in possession fee simple determinable fee simple subject to executory interest fee simple subject to executory limitation fee splitting