Flash card style questions and answers to help study for TREC (Texas Real Estate Commission) Examination / Test for becoming a Texas Real Estate Agent.
Saturday, July 25, 2015
Definition of 'Defeasible or Conditional Fee' in real-estate
Definition of 'Defeasible or Conditional Fee' in real-estate
As the word said it is Conditional, meaning it is ownership with conditions and/or terms. If the conditions are not met, it would cause the ownership to be terminated.
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