fee simple on condition subsequent

Definition of "fee simple on condition subsequent"
  1. A type of property ownership that can potentially be ended by the person who gave the property, or by those appointed by them, if a specified event happens
How to use "fee simple on condition subsequent" in a sentence
  1. The father transferred the land to his son under a fee simple on condition subsequent that he maintains the family business.
  2. Under the agreement, if the non-profit organization does not use the property for the stated purpose, the donor can reclaim the property due to the fee simple on condition subsequent.
  3. The law school was given the building under a fee simple on condition subsequent; if they ever stop using it for legal education, the original owner has the right to take it back.

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