fee simple subject to condition subsequent
Appearance
English
[edit]Noun
[edit]fee simple subject to condition subsequent (plural fee simples subject to condition subsequent)
- (law) 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.