Couverture de Real Estate Exam [National] 13, Fee Simple Defeasible Explained

Real Estate Exam [National] 13, Fee Simple Defeasible Explained

Real Estate Exam [National] 13, Fee Simple Defeasible Explained

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 This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. This episode covers content for the National Real Estate Exam. In this episode you will learn: • The definition of fee simple defeasible and how ownership can be terminated. • How to identify fee simple determinable through durational language like so long as and its automatic reversion. • The requirements for fee simple subject to condition subsequent, including the need for legal action. • The difference between the possibility of reverter and the right of re-entry. • Mnemonic devices and word triggers to correctly identify estate types on the national exam. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or Youtube Channel: https://www.youtube.com/@Open-exam-prep
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