Fee simple determinable
a defeasible fee that automatically terminates upon the occurrence of a specified event or condition and which reverts to the grantor
compare estate on condition
A fee simple determinable is conveyed by language which states that the estate automatically terminates and reverts to the grantor, and which expresses duration («so long as," «until," «during the time that").
|Based on Merriam-Webster's Dictionary of Law ©2001.
Published under license with Merriam-Webster, Incorporated.