A man conveyed a one-acre parcel of land to a preschool. In the deed, the man stated that the property was to be used only as a playground; the man reserved a right of reentry. What kind of estate has the man granted?

Question

Business

Owen Bolton

6 July, 03:05

A man conveyed a one-acre parcel of land to a preschool. In the deed, the man stated that the property was to be used only as a playground; the man reserved a right of reentry. What kind of estate has the man granted?

+3

Answers (1)

Know the Answer?

Yusuf Leach · Answer 1

Fee simple subject to a condition subsequent

Explanation:

A fee simple subject to a condition subsequent is quite similar to the fee simple determinable besides that the violation of the condition would give the original owner the option to take back the property. Therfore, the property does not automatically shift to the original owner. Instead, upon violation of the condition, the original owner has the option to regain the right to the property. This option is called a "right of reentry."