Final answer:
Yes, in a fee simple on condition subsequent, there is an automatic reversion to the grantor on the happening of a contingency.
Step-by-step explanation:
Yes, in a fee simple on condition subsequent, there is an automatic reversion to the grantor (seller) on the happening of a contingency. A fee simple on condition subsequent is a type of property interest where the grantor (seller) retains the right to reclaim ownership of the property if a specified condition occurs. This is different from a fee simple determinable, where the estate automatically reverts back to the grantor without any further action needed.
For example, if the grantor sells a property to the grantee, but includes a condition that the property must not be used for commercial purposes, and the grantee subsequently uses the property for commercial purposes, the grantor has the right to reclaim ownership of the property.
It is important to note that in order for the grantor to regain ownership, they typically have to take legal action to enforce their right of reversion.