Final answer:
A fee simple defeasible estate is a type of real property ownership where the property holder owns the property with all legal rights, but subject to a condition. If the condition is breached, the property may go back to the original owner.
Step-by-step explanation:
A fee simple defeasible estate is a type of real property ownership where the property holder owns the property with all legal rights, but subject to a condition. If the condition is breached, the property may go back to the original owner. So, the statement 'If the condition is breached, the property may go back to the original owner' is True.