Fee simple conditional

Definition
: a fee granted to an individual and to that individual's descendants which is subject to a reversion or remainder if the grantee has no lineal descendants but which becomes a fee simple absolute and freely alienable upon the birth of a direct descendant
see also De Donis Conditionalibus in the Important Laws section
compare fee tail at fee
The fee simple conditional is not recognized in England or the United States except in South Carolina.



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Based on Merriam-Webster's Dictionary of Law ©2001.
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common-law lien

a lien under common law giving a creditor (as a bailee) in possession of property the right to retain possession until payment of the amount due


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