218k views
2 votes
An estate is transferred with the stipulation that alcohol will never be consumed on the premises or the seller will take back the property. This kind of estate is a

User Tom Ron
by
8.2k points

1 Answer

0 votes

Answer:

Fee simple defeasible.

Step-by-step explanation:

When an estate is transferred with the stipulation that alcohol will never be consumed on the premises or the seller will take back the property. This kind of estate is a fee simple defeasible.

A fee simple defeasible is a legal term used in real estate and it states the conditions that must be adhered to in the ownership of a property.

Fee simple defeasible ends the ownership or interest once a condition is violated.

User Serge Roussak
by
7.7k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories