What characterizes a Fee Simple De-feasible estate?

A Fee Simple De-feasible estate is characterized by the fact that the property may revert to the original owner if a specific condition, outlined in the deed, is violated. This means that while the current owner holds rights to the property, those rights are contingent upon adhering to certain stipulations. If any of these conditions are broken, the previous owner or their heirs have the right to reclaim the property, which distinguishes this type of estate from an outright fee simple estate where ownership is unconditional and permanent.

In contrast, other options describe different types of ownership or conditions. For instance, one option implies the owner has unrestricted ownership, which is not applicable to a Fee Simple De-feasible because this estate includes conditions that could lead to a loss of property. Another distractor mentions ownership for a lifetime, which describes a life estate rather than a Fee Simple De-feasible estate. The option claiming that the owner has no rights to the property is also incorrect as it misrepresents the nature of this estate, where the owner does hold rights, albeit conditioned. Thus, the defining feature that differentiates a Fee Simple De-feasible estate is based on the potential for reversion if stipulated conditions are not met.