fee simple conditional

fee simple conditional
fee simple conditional see fee simple

Merriam-Webster’s Dictionary of Law. . 1996.

fee simple conditional
n.
An interest in property that is given by a grantor to the owner that will become a fee simple if a particular condition is met, usually having to do with the estate passing to specific heirs of the owner, and if the condition is not met the estate goes back to the grantor when the owner dies.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.

Игры ⚽ Нужно сделать НИР?

Look at other dictionaries:

  • fee simple conditional — noun (plural fees simple conditional) : an estate in fee granted to a person and his issue or to a designated class of his issue that is subject to the possibility of reversion in case there is no such issue or no alternative gift to a designated …   Useful english dictionary

  • fee simple conditional — Same as conditional fee …   Ballentine's law dictionary

  • fee simple — fee sim·ple n pl fees simple [simple without limitation (as to heirs) and unrestricted (as to transfer of ownership)]: a fee that is alienable (as by deed, will, or intestacy) and of potentially indefinite duration; esp: fee simple absolute in… …   Law dictionary

  • fee simple — Typically, words fee simple standing alone create an absolute estate in devisee and such words followed by a condition or special limitation create a defeasible fee. Babb v. Rand, Me., 345 A.2d 496, 498. === Absolute. A fee simple absolute is an… …   Black's law dictionary

  • fee simple — Typically, words fee simple standing alone create an absolute estate in devisee and such words followed by a condition or special limitation create a defeasible fee. Babb v. Rand, Me., 345 A.2d 496, 498. === Absolute. A fee simple absolute is an… …   Black's law dictionary

  • fee simple — Synonyms and related words: adverse possession, alodium, burgage, claim, colony, copyhold, de facto, de jure, dependency, derivative title, equitable estate, estate at sufferance, estate for life, estate for years, estate in expectancy, estate in …   Moby Thesaurus

  • Fee simple — Fee Fee (f[=e]), n. [OE. fe, feh, feoh, cattle, property, money, fief, AS. feoh cattle, property, money; the senses of property, money, arising from cattle being used in early times as a medium of exchange or payment, property chiefly consisting… …   The Collaborative International Dictionary of English

  • fee — n [Middle English, fief, from Old French fé fief, ultimately from a Germanic word akin to Old High German fehu cattle] 1: an inheritable freehold estate in real property; esp: fee simple compare leasehold; life estate at estate …   Law dictionary

  • limited fee simple — noun (plural limited fees simple) 1. : a fee simple estate in land that may last forever but is limited to terminate automatically whenever certain circumstances in existence when the estate is created cease to exist : a base, qualified, or… …   Useful english dictionary

  • conditional fee — noun law : any fee limited upon a condition; specifically : fee simple conditional * * * conditional fee 1. A fee granted on condition, or limited to particular heirs 2. The estate of a mortgagee of land, possession of which is conditional on… …   Useful english dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”