site stats

Defeasible fee definition

Webdefinition. Indefeasible title means a title to an immovable property or an interest therein entered in the Register of Titles and which cannot be altered or voided. Indefeasible title means, in relation to a parcel of land, all information contained in the register respecting the title to the estate in fee simple to the parcel, together with ... WebApr 4, 2024 · Fee simple is a legal term used in real estate that means full and irrevocable ownership of land, and any buildings on that land. Fee simple is the highest form of ownership — it means the land ...

What does fee simple subject to condition subsequent mean?

Webdefeasible: [adjective] capable of being annulled or made void. Webdefeasible fee (plural defeasible fees) An estate in land that may be divested from its current owner upon the occurrence of an event set forth by the grantor in the grant. … creche estillac https://wylieboatrentals.com

Fee Simple Absolute Fee Simple Overview - Study.com

Webdefeasible fee TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed. An estate in fee but which is liable to be defeated by some future contingency; e.g. a vested … Defeasible Fee Simple. A defeasible fee simple is a fee simple estate that could be removed for a reason established in the granting document. If an event or happening occurs, the transfer could be void. There are three kinds of defeasible fee simple estates: Fee Simple Determinable: The See more A life estate grants the holder use of the estate for the duration of a life, often that of the tenant. At the end of the life, the estate will transfer to another by a reversion (if to the grantor) or remainder (if to another). See … See more The Fee Tailis an antiquated system designed to establish family dynasties which require the land to be passed to the blood heirs. This has … See more Fee Simple Estatesare the most common and grant a complete interest in land (its yours to be used without conditions or limitations). There are two kinds of Fee Simple: Absolute or Defeasible. See more WebDefeasible-fee definition: (law) An estate in land that may be divested from its current owner upon the occurrence of an event set forth by the grantor in the grant . creche eugenie thome

FEE SIMPLE DEFEASIBLE: Definition and How It Works In Real Estate

Category:What does in fee simple mean in a will?

Tags:Defeasible fee definition

Defeasible fee definition

Fee simple Definition & Meaning - Merriam-Webster

WebOct 23, 2024 · The legal definition of a defeasance clause is a contractual provision where a lender promises to provide the borrower full title to property upon full payment of ... Some states follow the common law … WebDefine defeasible. defeasible synonyms, defeasible pronunciation, defeasible translation, English dictionary definition of defeasible. adj. Capable of being annulled or invalidated: a defeasible claim to an estate. de·fea′si·bil′i·ty n. ... Related to defeasible: determinable, defeasible fee, fee simple defeasible. de·fea·si·ble

Defeasible fee definition

Did you know?

WebFeb 4, 2024 · Meaning of defeasible fee. What does defeasible fee mean? Information and translations of defeasible fee in the most comprehensive dictionary definitions resource … WebApr 25, 2024 · Deeds Granting Defeasible Fees. One type of deed restriction is a deed that conveys a defeasible fee rather than a fee simple absolute. A fee simple absolute is the least restrictive of all ...

WebApr 3, 2024 · A fee simple defeasible simply allows a beneficiary holding a remainder interest to undo or terminate the transfer of ownership upon a specific occurrence of non-occurrence. The difference is the presence of language in the deed directing that the property "will revert" back to the grantor versus allowing the grantor the ability to reclaim … WebDefinition of defeasible in the Definitions.net dictionary. Meaning of defeasible. What does defeasible mean? Information and translations of defeasible in the most comprehensive dictionary definitions resource on the web. ... defeasible estate; defeasible fee; defeasible reasoning; defeasibly; defeat; Alternative searches for …

WebDefeasible. Potentially subject to defeat, termination, or Annulment upon the occurrence of a future action or event, or the performance of a condition subsequent.The most common legal application of the term is with respect to estates as interest in land, such as in the case of a conveyance or a life estate, which is defeasible upon the ...

WebFeb 4, 2024 · Meaning of defeasible fee. What does defeasible fee mean? Information and translations of defeasible fee in the most comprehensive dictionary definitions resource on the web.

WebFee simple absolute. Fee simple defeasible. Life estates. Fee Simple Absolute. A fee simple absolute freehold estate is an estate where the owner has total ownership over the property without any legal restrictions, including the length of time for which they can own the estate. This allows the owner to pass on the estate to their heirs or ... creche escola happy kidsWebDefeasible. Potentially subject to defeat, termination, or Annulment upon the occurrence of a future action or event, or the performance of a condition subsequent.The most … creche eveil matinWebA defeasible estate is created when a grantor transfers a land on the happening of an event or a condition stated by the grantor. This means that the estate is subject to the occurrence or non-occurrence of some events specified by the grantor. 2. fee simple subject to an executory limitation or interest; and. creche evryWebDec 9, 2024 · The Legality of Defeasible Fees . If a transfer of real estate is qualified by a "condition subsequent," such as the new owner cannot do something, the former owner … creche exincourtWebMay 20, 2024 · A fee simple defeasible is a conveyance of property that has conditions placed on it. The holder of a fee simple defeasible possesses the property as a fee simple subject to that condition. If the condition is violated or not met, then the property will either go back to the original grantor or a specified third party. creche eventsWebFee simple defeasible, also referred to as defeasible fee, is a freehold estate where a new owner, the grantee, takes title to real estate from the previous owner, the grantor, subject … creche escola bom tempoWebMar 11, 2024 · A defeasible estate is an estate in land that may be defeated or terminated by a subsequent event, such as the death of the holder of the estate or a change in the … creche eybens