limited fee simple

noun

Definition of limited fee simple

plural limited fees simple
1 :a fee simple estate in land that may last forever but is limited to terminate automatically whenever certain circumstances in existence when the estate is created cease to exist :a base, qualified, or determinable fee simple estate
2 a :a fee simple estate that is defeasible and may come to an end for any reason (as by reentry after breach of a condition subsequent upon which the estate was limited)
b :a reversion or remainder estate in land or a conditional fee-tail estate

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