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fee simple determinable (0 synonym found)
Definition of fee simple determinable:
(n) :
(law) 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.
Definition of fee simple determinable:
(n) :
(law) 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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