Fee Simple Conditional

Definition of "Fee simple conditional"

Sheila Page Doney
  Re/Max Acent

A fee estate conditioned by the provisions of the grantor or the grantor's heirs that some action occur in order to complete its conveyance. Should the condition not occur the estate is defeated and it returns to the original grantor.

Search Real Estate Glossary

Related Real Estate Glossary terms

Related Real Estate FAQ