What type of estate is established with restrictions that may result in taking back the property?

The correct answer is the type of estate characterized by its inclusion of restrictions that can result in the property reverting back to the grantor. This estate is specifically known as a fee simple defeasible. In a fee simple defeasible arrangement, the owner possesses full rights to the property as long as certain conditions or limitations are met. If these conditions are violated, the property can revert to the original owner or their heirs.

This type of estate is particularly important in situations where the property is granted with specific purposes in mind, such as using the land for charitable purposes. If the agreed-upon use is discontinued or violated, the grantor has the right to reclaim the property.

In contrast, a fee simple absolute offers the highest level of ownership and does not have any restrictions that would cause a reversion to the grantor. A life estate grants ownership for the duration of a person's life, with the property passing to another upon the person's death, but it does not include the same preventive measures as a fee simple defeasible. A leasehold estate involves a temporary right to use and occupy property but does not involve ownership rights that would carry over to any future claims by a grantor.

Understanding the nature of fee simple defeasible is crucial in real