qualified fee

noun

: a defeasible estate in fee that may come to an end (as for breach of a condition or on account of an executory limitation on a stated event)
specifically : a base or determinable fee simple compare fee simple conditional

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Cite this Entry

“Qualified fee.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/qualified%20fee. Accessed 21 Dec. 2024.

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