fee simple determinable

An estate that will automatically end and revert to the grantor if some specified event occurs (e.g., “to Albert and his heirs while the property is used for charitable purposes”); an estate in fee simple subject to a special limitation.

• The future interest retained by the grantor is called a possibility of reverter.

— Also termed determinable fee; qualified fee; fee simple subject to common-law limitation; fee simple subject to special limitation; fee simple subject to special interest; base fee; estate on limitation. [Cases: Estates in Property 6. C.J.S. Estates §§ 13–14.]

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词条贡献者

资深译员Sheldon，毕业于亚洲顶尖的高级翻译学院，擅长翻译有关零售和消费品领域的法律文件。