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Keyword:
fee simple subject to condition subsequent
Noun
(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.
Japanese Meaning
（法律用語）条件付き単純所有権：譲渡者があらかじめ設定した特定の条件が発生した場合に、所有権を再取得する権利を保持する形態の土地権利。
Related Words
fee simple subject to executory limitation
Noun
Japanese Meaning
執行制限付き完全所有権：特定の将来の事象が生じた場合に所有権が自動的に別の者に移転する可能性のある不動産所有権の形態。
Related Words
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