What does the term "fee simple on condition subsequent" imply about property ownership?

The term "fee simple on condition subsequent" describes a type of property ownership where the owner holds a fee simple interest that is subject to specific conditions. If these conditions are violated, the original grantor or their heirs have the right to reclaim the property. This means that ownership can revert back to the original owner if certain stipulated terms are not met.

For example, if a property is granted with the condition that it must be used for educational purposes, and the owner uses it for residential living instead, the grantor has the right to take back the property. This reflects a vested interest on the part of the original owner, ensuring that the property is used as intended.

In contrast, the other options describe different aspects of property ownership that do not align with the specific legal implications of a fee simple on condition subsequent.