Determinable Fee - Definition - Law Dictionary Home Dictionary Definition determinable-fee

Definition :

Determinable fee. A fee determinable by limitation or condition, (English) S.L. Act, 1925, ss. 1 and 117 (1)(iv.), and see Challis R. P., 3rd Edn. By the First Sched., (English) L. P. Act, 1925, such fees, if not capable of taking effect as legal estates under Part I of that Act, have been converted into equitable interests. Certain estates in fee simple which by statute are liable to be divested, and fee simple vested incorporations are legal estates, see s. 7(1) and (2), (English) L. P. Act, 1925, and see BASE FEE.