fee simple subject to condition subsequent

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English

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Noun

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fee simple subject to condition subsequent (plural fee simples subject to condition subsequent)

  1. (law) A defeasible fee created with language reserving the right of the grantor to reclaim ownership of the land upon the occurrence of a specified condition (e.g. "if X event occurs, grantor reserves the right to reenter and retake"); upon occurrence of the condition, the grantor may decide to retake ownership or not.
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