An estate is transferred with the stipulation that alcohol will never be consumed on the premises or the seller will take back the property. This kind of estate is a

A. fee simple absolute.

B. pur autre vie.

C. conventional remainder.

D. fee simple defeasible.

Question

Business

Jaylin Brock

13 April, 04:19

An estate is transferred with the stipulation that alcohol will never be consumed on the premises or the seller will take back the property. This kind of estate is a

A. fee simple absolute.

B. pur autre vie.

C. conventional remainder.

D. fee simple defeasible.

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Answers (1)

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Drake Woodward · Answer 1

Answer: Fee simple defeasible.

Explanation:

The estate sales is an example of fee simple defeasible contract, where a property is sold with a conditionality. A fee simple defeasible contract is a kind of property sales contract, where a property is sold on conditionality that if violated, the property would be returned back to the seller.

An estate is transferred with the stipulation that alcohol will never be consumed on the premises or the seller will take back the property. This kind of estate is aA. fee simple absolute.B. pur autre vie.C. conventional remainder.D. fee simple defeasible.

An estate is transferred with the stipulation that alcohol will never be consumed on the premises or the seller will take back the property. This kind of estate is a

A. fee simple absolute.

B. pur autre vie.

C. conventional remainder.

D. fee simple defeasible.