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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

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29-08-2020

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.

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