Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

determinable fee

Read a random definition: mariage de convenance

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

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
LSD+ is ad-free, with DMs, discounts, case briefs & more.