Question

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

Answer 1

Answer:

Fee simple defeasible.

Explanation:

When 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 fee simple defeasible.

A fee simple defeasible is a legal term used in real estate and it states the conditions that must be adhered to in the ownership of a property.

Fee simple defeasible ends the ownership or interest once a condition is violated.