Legal Definition and Related Resources of Qualified Estate
Meaning of Qualified Estate
An estate limited to a person and his heirs, with a qualification annexed to it providing that such estate must determine whenever that qualification is at an end. It is an estate which may continue forever, but is liable to be determined without the aid of a conveyance by some act or event circumscribing its continuance or extent. See Stephens v Mid-Kansas Oil and Gas Co., 113 Tex. 160, 254 S. W. 290. The estate is also called a base fee , a determinable fee and sometimes a fee simple defeasible .
Related Entries of Qualified Estate in the Encyclopedia of Law Project
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Qualified Estate in Historical Law
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Legal Abbreviations and Acronyms
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