fee simple defeasible

fee simple defeasible
n.
An estate that can end if a particular event does or does not happen; also called a fee simple deter-minable.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.

Игры ⚽ Поможем написать курсовую

Look at other dictionaries:

  • fee simple defeasible — noun (plural fees simple defeasible) : a fee simple estate that may come to an end under a stipulated provision; sometimes : fee simple determinable …   Useful english dictionary

  • fee simple — fee sim·ple n pl fees simple [simple without limitation (as to heirs) and unrestricted (as to transfer of ownership)]: a fee that is alienable (as by deed, will, or intestacy) and of potentially indefinite duration; esp: fee simple absolute in… …   Law dictionary

  • Fee simple — is an estate in land in common law. It is the most common way real estate is owned in common law countries, and is ordinarily the most complete ownership interest that can be had in real property short of allodial title, which is often reserved… …   Wikipedia

  • fee simple — Typically, words fee simple standing alone create an absolute estate in devisee and such words followed by a condition or special limitation create a defeasible fee. Babb v. Rand, Me., 345 A.2d 496, 498. === Absolute. A fee simple absolute is an… …   Black's law dictionary

  • fee simple — Typically, words fee simple standing alone create an absolute estate in devisee and such words followed by a condition or special limitation create a defeasible fee. Babb v. Rand, Me., 345 A.2d 496, 498. === Absolute. A fee simple absolute is an… …   Black's law dictionary

  • fee simple — Synonyms and related words: adverse possession, alodium, burgage, claim, colony, copyhold, de facto, de jure, dependency, derivative title, equitable estate, estate at sufferance, estate for life, estate for years, estate in expectancy, estate in …   Moby Thesaurus

  • fee simple subject to condition subsequent — noun 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… …   Wiktionary

  • fee simple subject to executory interest — noun 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 revest in a third party identified by the grantor if that condition comes about. Syn:… …   Wiktionary

  • fee simple determinable — noun 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. See Also: fee simple… …   Wiktionary

  • fee — n [Middle English, fief, from Old French fé fief, ultimately from a Germanic word akin to Old High German fehu cattle] 1: an inheritable freehold estate in real property; esp: fee simple compare leasehold; life estate at estate …   Law dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”