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Automatic reverter creates fee simple determinable

May 9th, 2012 by Joseph William Singer

In a straightforward application of traditional doctrine, a Tennessee court ruled that a deed condition that stated that a lot “shall automatically revert to Seller in fee simple” if the buyer does not comply with stated conditions (to install a waterline within a year) creates a fee simple determinable that transfers title automatically. Lasater v. Hawkins, 2011 WL 4790971 (Tenn. Ct. App. 2011)

Posted in Estates & future interests, Real estate transactions, Restraints on alienation | Comments Off on Automatic reverter creates fee simple determinable

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