Subject to Condition Subsequent

A legal real estate term applying to fee simple defeasible estates, this identifies the prohibited uses that would trigger the end of the estate, at which time the title would then transfer to a reversion interest or remainder interest. For example, a grantor may give his nephew his mansion with a fee simple defeasible subject to condition subsequent that he never marries; if his nephew does marry, the estate would end. For more information, see the "Title and Estates in Real Property" article in the "Real Estate In-Depth" section.

Real Estate Planning And Prosperity

Real Estate Planning And Prosperity

Entrepreneurs go against the flow. You've a business idea. Lots of individuals have business themes. The difference is that you, the entrepreneur, take action. Realty investors are the same.

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