estate on limitation

An estate that automatically reverts back to the grantor according to a provision, usu. regarding the passage of a determined time period, designated by words such as “during,” “while,” and “as long as.” See fee simple determinable under FEE SIMPLE.

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词条贡献者

资深译员文楷，毕业于亚洲一流的高级翻译学院，擅长翻译各类与电信、媒体和技术相关的法律文件。