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LSDefine

Simple English definitions for legal terms

determinable fee

Read a random definition: obligational

A quick definition of determinable fee:

Term: DETERMINABLE FEE

Definition: A determinable fee is a type of ownership where the property is owned by someone, but with certain conditions. If these conditions are not met, the ownership of the property will automatically transfer to someone else. This type of ownership is also known as fee simple determinable or base fee.

A more thorough explanation:

A determinable fee is a type of ownership interest in real property that is subject to a condition or limitation that, if violated, will result in the termination of the interest. This type of ownership interest is also known as a fee simple determinable or a base fee.

Example 1: John owns a piece of land that he has conveyed to the local school district for the purpose of building a new school. The conveyance is subject to the condition that the land must be used for educational purposes only. If the school district ever uses the land for any other purpose, John's ownership interest will automatically terminate and the land will revert back to him.

Example 2: Mary owns a house that she has conveyed to her son, Tom, with the condition that he must live in the house for at least five years. If Tom moves out of the house before the five-year period is up, Mary's ownership interest will automatically terminate and the house will revert back to her.

These examples illustrate how a determinable fee is subject to a condition or limitation that, if violated, will result in the termination of the ownership interest. In both examples, the ownership interest is contingent upon the satisfaction of a specific condition, and if that condition is not met, the interest will automatically terminate.

determinable easement | determinate hospitalization

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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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