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class="mw-body-content"><div class="mw-content-ltr mw-parser-output" lang="en" dir="ltr"><div class="shortdescription nomobile noexcerpt noprint searchaux" style="display:none">Estate created when land is transferred conditionally</div> <style data-mw-deduplicate="TemplateStyles:r1129693374">.mw-parser-output .hlist dl,.mw-parser-output .hlist ol,.mw-parser-output .hlist ul{margin:0;padding:0}.mw-parser-output .hlist dd,.mw-parser-output .hlist dt,.mw-parser-output .hlist li{margin:0;display:inline}.mw-parser-output .hlist.inline,.mw-parser-output .hlist.inline dl,.mw-parser-output .hlist.inline ol,.mw-parser-output .hlist.inline ul,.mw-parser-output .hlist dl dl,.mw-parser-output .hlist dl ol,.mw-parser-output .hlist dl ul,.mw-parser-output .hlist ol dl,.mw-parser-output .hlist ol ol,.mw-parser-output .hlist ol ul,.mw-parser-output .hlist ul dl,.mw-parser-output .hlist ul ol,.mw-parser-output .hlist ul ul{display:inline}.mw-parser-output .hlist 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width="150" height="100" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/6/62/Property_Law_-_Gavel_and_Block_and_House_Keys.jpg/225px-Property_Law_-_Gavel_and_Block_and_House_Keys.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/6/62/Property_Law_-_Gavel_and_Block_and_House_Keys.jpg/300px-Property_Law_-_Gavel_and_Block_and_House_Keys.jpg 2x" data-file-width="4000" data-file-height="2666" /></a></span></td></tr><tr><td class="sidebar-above"> Part of the <a href="/wiki/Common_law" title="Common law">common law</a> series</td></tr><tr><th class="sidebar-heading"> Types</th></tr><tr><td class="sidebar-content"> <ul><li><a href="/wiki/Personal_property" title="Personal property">Personal property</a></li> <li><a href="/wiki/Community_property" title="Community property">Community property</a></li> <li><a href="/wiki/Real_property" title="Real property">Real property</a></li> <li><a href="/wiki/Unowned_property" title="Unowned property">Unowned property</a></li></ul></td> </tr><tr><th class="sidebar-heading"> Acquisition</th></tr><tr><td class="sidebar-content"> <ul><li><a href="/wiki/Gift_(law)" title="Gift (law)">Gift</a></li> <li><a href="/wiki/Adverse_possession" title="Adverse possession">Adverse possession</a></li> <li><a href="/wiki/Deed" title="Deed">Deed</a></li> <li><a href="/wiki/Right_of_conquest" title="Right of conquest">Conquest</a></li> <li><a href="/wiki/Discovery_doctrine" title="Discovery doctrine">Discovery</a></li> <li><a href="/wiki/Accession_(property_law)" title="Accession (property law)">Accession</a></li> <li><a href="/wiki/Lost,_mislaid,_and_abandoned_property" title="Lost, mislaid, and abandoned property">Lost, mislaid, and abandoned property</a></li> <li><a href="/wiki/Treasure_trove" title="Treasure trove">Treasure trove</a></li> <li><a href="/wiki/Bailment" title="Bailment">Bailment</a></li> <li><a href="/wiki/License" title="License">License</a></li> <li><a href="/wiki/Alienation_(property_law)" title="Alienation (property law)">Alienation</a></li></ul></td> </tr><tr><th class="sidebar-heading"> <a href="/wiki/Estate_in_land" title="Estate in land">Estates in land</a></th></tr><tr><td class="sidebar-content"> <ul><li><a href="/wiki/Allodial_title" title="Allodial title">Allodial title</a></li> <li><a href="/wiki/Fee_simple" title="Fee simple">Fee simple</a></li> <li><a href="/wiki/Fee_tail" title="Fee tail">Fee tail</a></li> <li><br /><a href="/wiki/Life_estate" title="Life estate">Life estate</a></li> <li><a class="mw-selflink selflink">Defeasible estate</a></li> <li><a href="/wiki/Future_interest" title="Future interest">Future interest</a> <ul><li><a href="/wiki/Remainder_(law)" title="Remainder (law)">remainder</a></li></ul></li> <li><a href="/wiki/Concurrent_estate" title="Concurrent estate">Concurrent estate</a></li> <li><a href="/wiki/Leasehold_estate" title="Leasehold estate">Leasehold estate</a></li> <li><a href="/wiki/Condominium_(living_space)" class="mw-redirect" title="Condominium (living space)">Condominiums</a></li> <li><a href="/wiki/Real_estate" title="Real estate">Real estate</a></li> <li><a href="/wiki/Land_tenure" title="Land tenure">Land tenure</a></li></ul></td> </tr><tr><th class="sidebar-heading"> <a href="/wiki/Conveyancing" title="Conveyancing">Conveyancing</a></th></tr><tr><td class="sidebar-content"> <ul><li><a href="/wiki/Bona_fide_purchaser" title="Bona fide purchaser"><i>Bona fide</i> purchaser</a></li> <li><a href="/wiki/Torrens_title" title="Torrens title">Torrens title</a></li> <li><br /><a href="/wiki/Strata_title" title="Strata title">Strata title</a></li> <li><a href="/wiki/Deeds_registration" title="Deeds registration">Deeds registration</a></li> <li><a href="/wiki/Estoppel_by_deed" title="Estoppel by deed">Estoppel by deed</a></li> <li><a href="/wiki/Quitclaim" title="Quitclaim">Quitclaim deed</a></li> <li><a href="/wiki/Mortgage_law" title="Mortgage law">Mortgage</a></li> <li><a href="/wiki/Equitable_conversion" title="Equitable conversion">Equitable conversion</a></li> <li><a href="/wiki/Quiet_title" title="Quiet title">Action to quiet title</a></li> <li><a href="/wiki/Escheat" title="Escheat">Escheat</a></li></ul></td> </tr><tr><th class="sidebar-heading"> <a href="/wiki/Future_interest" title="Future interest">Future use</a> control</th></tr><tr><td class="sidebar-content"> <ul><li><a href="/wiki/Restraint_on_alienation" title="Restraint on alienation">Restraint on alienation</a></li> <li><a href="/wiki/Rule_against_perpetuities" title="Rule against perpetuities">Rule against perpetuities</a></li> <li><a href="/wiki/Rule_in_Shelley%27s_Case" title="Rule in Shelley's Case">Rule in <i>Shelley's Case</i></a></li> <li><a href="/wiki/Doctrine_of_worthier_title" title="Doctrine of worthier title">Doctrine of worthier title</a></li></ul></td> </tr><tr><th class="sidebar-heading"> <a href="/wiki/Nonpossessory_interest_in_land" title="Nonpossessory interest in land">Nonpossessory interest</a></th></tr><tr><td class="sidebar-content"> <ul><li><a href="/wiki/Lien" title="Lien">Lien</a></li> <li><a href="/wiki/Easement" title="Easement">Easement</a></li> <li><a href="/wiki/Profit_(real_property)" title="Profit (real property)">Profit</a></li> <li><a href="/wiki/Usufruct" title="Usufruct">Usufruct</a></li> <li><a href="/wiki/Covenant_(law)" title="Covenant (law)">Covenant</a></li> <li><a href="/wiki/Equitable_servitude" title="Equitable servitude">Equitable servitude</a></li></ul></td> </tr><tr><th class="sidebar-heading"> Related topics</th></tr><tr><td class="sidebar-content"> <ul><li><a href="/wiki/Fixture_(property_law)" title="Fixture (property law)">Fixtures</a></li> <li><a href="/wiki/Waste_(law)" title="Waste (law)">Waste</a></li> <li><a href="/wiki/Partition_(law)" title="Partition (law)">Partition</a></li> <li><a href="/wiki/Practicing_without_a_license" title="Practicing without a license">Practicing without a license</a></li> <li><br /><a href="/wiki/Property_rights_(economics)" title="Property rights (economics)">Property rights</a></li> <li><a href="/wiki/Mineral_rights" title="Mineral rights">Mineral rights</a></li> <li><a href="/wiki/Water_right" title="Water right">Water rights</a> <ul><li><a href="/wiki/Prior-appropriation_water_rights" title="Prior-appropriation water rights">prior appropriation</a></li> <li><a href="/wiki/Riparian_water_rights" title="Riparian water rights">riparian</a></li></ul></li> <li><a href="/wiki/Lateral_and_subjacent_support" title="Lateral and subjacent support">Lateral and subjacent support</a></li> <li><a href="/wiki/Assignment_(law)" title="Assignment (law)">Assignment</a></li> <li><i><a href="/wiki/Nemo_dat_quod_non_habet" title="Nemo dat quod non habet">Nemo dat</a></i></li> <li><i><a href="/wiki/Quicquid_plantatur_solo,_solo_cedit" title="Quicquid plantatur solo, solo cedit">Quicquid plantatur</a></i></li> <li><a href="/wiki/Conflict_of_property_laws" class="mw-redirect" title="Conflict of property laws">Conflict of property laws</a></li> <li><a href="/wiki/Blackacre" title="Blackacre">Blackacre</a></li> <li><a href="/wiki/Security_deposit" title="Security deposit">Security deposit</a></li></ul></td> </tr><tr><th class="sidebar-heading"> Other <a href="/wiki/Common_law" title="Common law">common law</a> areas</th></tr><tr><td class="sidebar-content"> <ul><li><a href="/wiki/Contract" title="Contract">Contract law</a></li> <li><a href="/wiki/Tort" title="Tort">Tort law</a></li> <li><a href="/wiki/Will_(law)" class="mw-redirect" title="Will (law)">Wills</a>, <a href="/wiki/Trust_law" class="mw-redirect" title="Trust law">trusts</a> and <a href="/wiki/Administration_(probate_law)" title="Administration (probate law)">estates</a></li> <li><a href="/wiki/Criminal_law" title="Criminal law">Criminal law</a></li> <li><a href="/wiki/Evidence_(law)" title="Evidence (law)">Evidence</a></li></ul> <hr /> <i>Higher category:</i> <a href="/wiki/Law" title="Law">Law</a> and <a href="/wiki/Common_law" title="Common law">Common law</a></td> </tr><tr><td class="sidebar-navbar"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><style data-mw-deduplicate="TemplateStyles:r1239400231">.mw-parser-output .navbar{display:inline;font-size:88%;font-weight:normal}.mw-parser-output .navbar-collapse{float:left;text-align:left}.mw-parser-output .navbar-boxtext{word-spacing:0}.mw-parser-output .navbar ul{display:inline-block;white-space:nowrap;line-height:inherit}.mw-parser-output .navbar-brackets::before{margin-right:-0.125em;content:"[ "}.mw-parser-output .navbar-brackets::after{margin-left:-0.125em;content:" ]"}.mw-parser-output .navbar li{word-spacing:-0.125em}.mw-parser-output .navbar a>span,.mw-parser-output .navbar a>abbr{text-decoration:inherit}.mw-parser-output .navbar-mini abbr{font-variant:small-caps;border-bottom:none;text-decoration:none;cursor:inherit}.mw-parser-output .navbar-ct-full{font-size:114%;margin:0 7em}.mw-parser-output .navbar-ct-mini{font-size:114%;margin:0 4em}html.skin-theme-clientpref-night .mw-parser-output .navbar li a abbr{color:var(--color-base)!important}@media(prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .navbar li a abbr{color:var(--color-base)!important}}@media print{.mw-parser-output .navbar{display:none!important}}</style><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Property_law" title="Template:Property law"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:Property_law" title="Template talk:Property law"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:Property_law" title="Special:EditPage/Template:Property law"><abbr title="Edit this template">e</abbr></a></li></ul></div></td></tr></tbody></table> <style data-mw-deduplicate="TemplateStyles:r1236090951">.mw-parser-output .hatnote{font-style:italic}.mw-parser-output div.hatnote{padding-left:1.6em;margin-bottom:0.5em}.mw-parser-output .hatnote i{font-style:normal}.mw-parser-output .hatnote+link+.hatnote{margin-top:-0.5em}@media print{body.ns-0 .mw-parser-output .hatnote{display:none!important}}</style><div role="note" class="hatnote navigation-not-searchable">Not to be confused with the concept of <a href="/wiki/Defeasible_reasoning#Political_and_judicial_use" title="Defeasible reasoning">indefeasibility</a> within property law.</div> <p>A <b>defeasible estate</b> is created when a grantor transfers land conditionally. Upon the happening of the event or condition stated by the grantor, the transfer may be void or at least subject to annulment. (An estate not subject to such conditions is called an indefeasible estate.) Historically, the <a href="/wiki/Common_law" title="Common law">common law</a> has frowned on the use of defeasible estates as it interferes with the owners' enjoyment of their property and as such has made it difficult to create a valid future interest. Unless a defeasible estate is clearly intended, modern courts will construe the language against this type of estate. Three types of defeasible estates are the fee simple determinable, the fee simple subject to an executory limitation or interest, and the fee simple subject to a <a href="/wiki/Condition_subsequent" title="Condition subsequent">condition subsequent</a>. A life estate may also be defeasible. </p><p>Because a defeasible estate always grants less than a full <a href="/wiki/Fee_simple" title="Fee simple">fee simple</a>, a defeasible estate will always create one or more <a href="/wiki/Future_interest" title="Future interest">future interests</a>. </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="Fee_simple_determinable">Fee simple determinable</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Defeasible_estate&action=edit&section=1" title="Edit section: Fee simple determinable"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>A <b>fee simple determinable</b> is an estate that will end automatically when the stated event or condition occurs. The interest will revert to the grantor or the heirs of the grantor. Normally, a <a href="/wiki/Possibility_of_reverter" class="mw-redirect" title="Possibility of reverter">possibility of reverter</a> follows a fee simple determinable. However, a possibility of reverter does not follow a fee simple determinable subject to an executory interest, because a possibility of reverter is in the grantor while an executory interest is in a third party. Durational language such as "to A as long as the property is used for a park" creates a fee simple determinable and a possibility of reverter. Other durational words interpreted to grant a fee simple determinable include "until," "during," and "while." </p><p>Some jurisdictions in the <a href="/wiki/United_States" title="United States">United States</a> have abolished this interest. For example, <a href="/wiki/Kentucky" title="Kentucky">Kentucky</a> abolished the fee simple determinable and possibility of reverter by statute in 1960. An attempt to create such an interest is construed as a fee simple subject to condition subsequent (see below), and a person who would have possibility of reverter at common law will instead have a right of entry.<sup id="cite_ref-1" class="reference"><a href="#cite_note-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup> </p><p>A fee simple determinable does not violate the <a href="/wiki/Rule_against_perpetuities" title="Rule against perpetuities">rule against perpetuities</a>, since a possibility of reverter is not subject to the rule. </p> <div class="mw-heading mw-heading2"><h2 id="Fee_simple_subject_to_an_executory_limitation">Fee simple subject to an executory limitation</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Defeasible_estate&action=edit&section=2" title="Edit section: Fee simple subject to an executory limitation"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>A fee simple subject to an executory limitation is an estate that ends when a specific condition is met and then transfers to a third party. The interest will not revert to the grantor. If the condition is met, the grantee loses the interest and the third party gains it automatically.<sup id="cite_ref-2" class="reference"><a href="#cite_note-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup> </p><p>Example: </p><p>O grants Blackacre to A and A's heir; but if A ever accepts a candy bar from C, then to B and B's heirs. </p><p>Here, O is the original owner. He grants A a fee simple subject to the subsequent condition that he doesn't accept a candy bar from C. However, unlike a fee simple subject to a <a href="/wiki/Condition_subsequent" title="Condition subsequent">condition subsequent</a>, Blackacre goes to a third party (B) instead of the grantor (O) if the condition is met. Also, unlike a fee simple subject to a condition subsequent, B then automatically gains the interest in Blackacre and does not only have a mere right to sue for <a href="/wiki/Right_of_entry" title="Right of entry">re-entry</a>. </p><p>Conveyance of Blackacre by the original grantee carries the original limitation with it, but the interest of the subsequent grantee could become fee simple absolute upon the original grantee's subsequent death. For example, A sells Blackacre to D. If A afterwards accepted an offer for a candy bar from C, Blackacre automatically goes to B. However, if A died without ever accepting a candy bar from C, the condition could not possibly be met. D would then have a fee simple absolute. </p> <div class="mw-heading mw-heading2"><h2 id="Fee_simple_subject_to_condition_subsequent">Fee simple subject to condition subsequent</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Defeasible_estate&action=edit&section=3" title="Edit section: Fee simple subject to condition subsequent"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>A fee simple subject to a <a href="/wiki/Condition_subsequent" title="Condition subsequent">condition subsequent</a> is created when the words of a grant support the conclusion that the grantor intends to convey a <a href="/wiki/Fee_simple_absolute" class="mw-redirect" title="Fee simple absolute">fee simple absolute</a> but has attached a condition to the grant so that if a specified future event happens the grantor will get its <a href="/wiki/Fee_simple_absolute" class="mw-redirect" title="Fee simple absolute">fee simple absolute</a> back, provided that the grantor exercises his <a href="/wiki/Right_of_entry" title="Right of entry">right of entry</a> (or power of termination). Thus, a fee simple subject to condition subsequent does not end automatically upon the happening of the condition. The future interest is called a "right of reentry" or "right of entry", and the property only reverts to the original grantor if he exercises this right. </p><p>The right of entry is not automatic, but rather must be exercised to terminate the fee simple subject to condition subsequent. To exercise right of entry, the holder must take substantial steps to recover <a href="/wiki/Possession_(law)" title="Possession (law)">possession</a> and <a href="/wiki/Title_(property)" title="Title (property)">title</a>, for example, by filing a lawsuit. Physical entry is not required, but the holder must do more than just proclaim an intent to take back. </p><p>One of the languages used to create a fee simple subject to condition subsequent and a right of entry is "to A, but if A sells alcohol on the land, then grantor has the right of entry (or power of termination)." </p><p>Common uses include language such as "may", "but if", "however", or "provided that..." </p> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Defeasible_estate&action=edit&section=4" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="mw-references-wrap"><ol class="references"> <li id="cite_note-1"><span class="mw-cite-backlink"><b><a href="#cite_ref-1">^</a></b></span> <span class="reference-text">Kentucky Revised Statutes Annotated § 381.218 (2006).</span> </li> <li id="cite_note-2"><span class="mw-cite-backlink"><b><a href="#cite_ref-2">^</a></b></span> <span class="reference-text">Kurtz, Sheldon. Introduction to the Law of Real Property, 4th Ed. (2005) p. 48.</span> </li> </ol></div>    </div><noscript><img src="https://login.wikimedia.org/wiki/Special:CentralAutoLogin/start?type=1x1" alt="" width="1" height="1" style="border: none; position: absolute;"></noscript> <div class="printfooter" data-nosnippet="">Retrieved from "<a dir="ltr" href="https://en.wikipedia.org/w/index.php?title=Defeasible_estate&oldid=1183934603">https://en.wikipedia.org/w/index.php?title=Defeasible_estate&oldid=1183934603</a>"</div></div> <div id="catlinks" class="catlinks" data-mw="interface"><div id="mw-normal-catlinks" class="mw-normal-catlinks"><a href="/wiki/Help:Category" title="Help:Category">Category</a>: <ul><li><a href="/wiki/Category:Real_property_law" title="Category:Real property law">Real property law</a></li></ul></div><div id="mw-hidden-catlinks" class="mw-hidden-catlinks mw-hidden-cats-hidden">Hidden categories: <ul><li><a href="/wiki/Category:Articles_with_short_description" title="Category:Articles with short description">Articles with short description</a></li><li><a href="/wiki/Category:Short_description_matches_Wikidata" title="Category:Short description matches Wikidata">Short description matches Wikidata</a></li></ul></div></div> </div> </main> </div> <div class="mw-footer-container"> <footer id="footer" class="mw-footer" > <ul id="footer-info"> <li id="footer-info-lastmod"> This page was last edited on 7 November 2023, at 10:49<span class="anonymous-show"> (UTC)</span>.</li> <li id="footer-info-copyright">Text is available under the <a href="/wiki/Wikipedia:Text_of_the_Creative_Commons_Attribution-ShareAlike_4.0_International_License" title="Wikipedia:Text of the Creative Commons Attribution-ShareAlike 4.0 International License">Creative Commons Attribution-ShareAlike 4.0 License</a>; additional terms may apply. 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