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Fee simple determinable

Related Terms:

possibility of reverter revert defeasible fee fee simple subject to executory limitation grantor reverter fee simple subject to condition subsequent fee simple subject to executory interest durational

Noun

Definition: 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.

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