fee simple subject to condition subsequent definition
A defeasible cost created with language reserving the right associated with grantor to reclaim ownership associated with the land upon the incident of a specified condition (e.g. "if X occasion happens, grantor reserves the ability to reenter and retake"); upon event of the condition, the grantor might wish to retake ownership or perhaps not.
Definition for "fee simple subject to condition subsequent"
A defeasible cost created with language reserving the…