Examples: A church sells land provided that the grantee does not sell liquor on the property. ... A fee simple qualified estate is also called a base fee, a defeasible fee, or a fee simple determinable. What is another name for a fee simple determinable estate? Another name for fee...
Top 12 Sophisticated Compliments Word of the Year 2024 | Polarization Terroir, Oenophile, & Magnum: Ten Words About Wine 8 Words for Lesser-Known Musical Instruments 10 Words from Taylor Swift Songs (Merriam's Version) Games & Quizzes
Note: The fee simple conditional is not recognized in England or the United States except in South Carolina. — fee simple determinable : a defeasible fee that automatically terminates upon the occurrence of a specified event or condition and which reverts to the grantor compare estate on ...
Another name for fee simple estate.Fee simple defeasible (qualified fee)An estate that is subject to some condition to determine when it will begin or end. Also referred to as determinable, conditional or qualified fee. A defeasible fee creates an encumbrance on the title and runs with the...
Fee Simple Subject to Executory Limitation Fee Simple Defeasible This type of ownership has two conditions. The first condition is that it can be transferred to another party without any restrictions and the second condition is that it will revert to its original owner if the other party does ...
The meaning of FEE SIMPLE DEFEASIBLE is a fee-simple estate that may come to an end under a stipulated provision; sometimes : fee simple determinable.
The aim of the article is to present a concept of sustainable rainwater management within a completed housing estate in Cracow (Poland). Sustainable solutions are proposed, such as rain gardens, soakaways, permeable surfaces, and infiltration boxes, limiting the surface runoff, feasible for ...
The meaning of FEE is an estate in land held in feudal law from a lord on condition of homage and service. How to use fee in a sentence.
: 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 determinable fee simple estate 2 a : a fee simple estate that is defeasible and ma...
The meaning of QUALIFIED FEE is a defeasible estate in fee that may come to an end (as for breach of a condition or on account of an executory limitation on a stated event); specifically : a base or determinable fee simple.