fee simple determinable


Also found in: Acronyms.

fee simple determinable

An interest in real property that will automatically terminate upon the happening of a certain described event.

Example: “I grant Blackacre to First Methodist Church ‘for so long as it is used as' (or ‘but only if the property is used for') a church.” When the property ceases being used for the purpose granted, then title automatically reverts back to the grantor or the grantor's heirs. It is said that the grantor retains a possibility of reverter. Contrast with fee simple defeasible.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
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