fee simple subject to a condition subsequent

An estate subject to the grantor’s power to end the estate if some specified event happens (e.g., “to Albert and his heirs, upon condition that no alcohol is sold on the premises”).

• The future interest retained by the grantor is called a power of termination (or a right of entry).

— Also termed fee simple on a condition subsequent; fee simple subject to a power of termination; fee simple upon condition. [Cases: Estates in Property 7. C.J.S. Estates §§ 13–14, 20–21.]

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词条贡献者

译者David，毕业于亚洲顶尖的高级翻译学院，擅长翻译各种与复杂商业诉讼相关的法律文件。