What type of estate requires specific conditions to maintain ownership?

The type of estate that requires specific conditions to maintain ownership is known as a fee simple condition subsequent. This form of ownership means that the grantor of the estate has set specific conditions that, if violated, could result in the termination of the ownership rights. The key aspect of a fee simple condition subsequent is that it allows the original grantor to reclaim the property if the specified conditions are not met.

For instance, if a property is granted to someone with the stipulation that it must be used for agricultural purposes, and the owner decides to convert it into a commercial space, the grantor has the right to take back the property based on that violation of condition.

In contrast, fee simple absolute represents complete ownership with no conditions attached, allowing for the most freedom in the use and control of the property. Fee simple defeasible, while also contingent on conditions, can terminate automatically upon the occurrence of a specified event (rather than requiring action by the grantor to reclaim the estate). Understanding these nuances is crucial in recognizing how property rights can be affected by various conditions and stipulations in real estate law.