FEE SIMPLE CONDITIONAL


Meaning of FEE SIMPLE CONDITIONAL in English

noun

( plural fees simple conditional )

: an estate in fee granted to a person and his issue or to a designated class of his issue that is subject to the possibility of reversion in case there is no such issue or no alternative gift to a designated person in case there is no such issue and that exists in states where the English Statute De Donis of 1285 or a similar statute converting such an estate into a fee-tail estate has not been adopted — compare fee tail , reversion

Webster's New International English Dictionary.      Новый международный словарь английского языка Webster.