fee simple determinable

Definition of "fee simple determinable"
  1. A type of ownership over land that could end instantly when a certain condition or event takes place, at which point the land goes back to the original owner
How to use "fee simple determinable" in a sentence
  1. The charity received the property in fee simple determinable, but they could lose ownership if they stop using the property for charitable purposes.
  2. She inherited the land in fee simple determinable with a condition that it must be used for agricultural purposes only.
  3. The city transferred the park to the community group in fee simple determinable, meaning the city could regain ownership if the park's usage changes.

Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z