Okay, the secret is out. I am currently studying for my bar exam. In the process, I must study real property law and other areas of law that pertain to real estate and may be helpful to a real estate or land investor. I figured since I was studying anyways, I might as well put each topic one video at a time. I also started a YouTube channel which can be seen here.
In this video I discuss what a "fee simple determinable" is....in general, a fee simple determinable otherwise called a "determinable fee" is an estate that automatically terminates upon the happening of a certain event. This is the case when a property or land interest is transferred with a clause that states "if something happens, the property goes to someone else". Let me explain...
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