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Definition of Fee simple subject to condition subsequent
1. Noun. (legal) 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. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Fee Simple Subject To Condition Subsequent
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