fee simple defeasible

0.02 sec.

An interest in real property that may be defeated upon the happening of a certain described event.In other words,someone must take an action in order for the estate to come to an end.

Example: “I grant Blackacre to First Methodist Church ‘so long as' (or ‘while' or ‘during the period') the property is used for religious services.” If the property ceases to be used for religious purposes, then the grantor or the grantor's heirs have a reasonable amount of time to declare their rights and retake possession of the property. If they do nothing, they eventually lose their rights and the property stays with First Methodist Church, to do as it chooses with it. Contrast with fee simple determinable, which is an automatic termination.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		Financial browser	?		Full browser	?
fee simple fee simple determinable			Federal Power Commission Federal Register Federal Reserve Act of 1913 Federal Reserve Bank Federal Reserve Board Federal Reserve District Federal Reserve Fedwire Federal Reserve Float Federal Reserve notes Federal Reserve System federal rule for condemnations Federal Savings and Loan Association Federal Savings and Loan Insurance Corporation federal tax lien Federal Trade Commission Federal Trade Commission Act of 1914 Federal Unemployment Tax Act federally chartered banks Federally related institutions federally related transaction Federally Sponsored Corporate Security Fedwire Fee fee appraiser fee simple fee simple defeasible fee simple determinable Fee Table fee tail Fee-and-commission compensation Fee-Based Compensation Fee-Based Investment Fee-for-Service Fee-only compensation Feed Ratio Feedback Systems Feeder Cattle Feeder Fund Feeder Lines feeder road Felines Fellow Servant Rule felony FEMA Fen Fence Fencing feng shui Fening Feu feudal system			Fee for Service Plan Fee for Service Plan Fee for Service Plans Fee for Service Plans Fee for Service Plans fee for services Fee fund Fee Only Financial Planning fee paid to secure legal services Fee Protection Agreement fee schedule fee schedule fee schedule fee schedule fee schedule fee screen system fee simple fee simple fee simple fee simple fee simple Fee simple absolute Fee simple absolute Fee simple absolute Fee simple absolute Fee simple absolute fee simple absolute in possession fee simple absolute in possession fee simple absolute in possession fee simple absolute in possession fee simple defeasible fee simple determinable Fee simple estate Fee simple estate Fee simple estate Fee simple estate Fee simple subject to condition subsequent Fee Simple Subject to Executory Limitation fee splitting Fee table Fee Tables fee tail fee tail fee tail fee tail Fee title Fee title Fee title Fee title fee'd fee'd fee'd fee'd fee'd Fee, John Gregg Fee-and-commission compensation Fee-based compensation Fee-Based Income Fee-Based Investment Fee-Based Investments Fee-faw-fum

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.