What characterizes a Fee Simple Subject to a Condition Subsequent?

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Study for the University of Central Florida REE3433 Real Estate Law Exam. Engage with flashcards and multiple choice questions, with hints and explanations for each question. Prepare effectively for your test!

A Fee Simple Subject to a Condition Subsequent is characterized by its nature of continuing indefinitely unless a specific condition is breached. This type of ownership means that the property is transferred to the grantee with a condition attached, and as long as that condition is not violated, the ownership continues without interruption. If the condition is breached, the original grantor has the right to reclaim the property, but this does not happen automatically; the grantor must act to take possession back.

This distinguishing feature highlights the importance of the grantor's right of reentry, unlike other types of property interests where ownership can revert automatically. Understanding this nuance is crucial when discussing different forms of property ownership and their implications for both the grantor and the grantee. The other choices do not align with the definition of a Fee Simple Subject to Condition Subsequent, which is why they do not characterize this form of ownership correctly.