What is the implication of a fee simple determinable ownership?

A fee simple determinable ownership is characterized by its automatic nature of termination upon the fulfillment of a specified condition. This means that the current owner holds the property only as long as the condition remains unmet. If that condition is violated or not adhered to, the estate ends automatically, reverting to the original grantor or their heirs without the need for legal proceedings.

This concept is crucial in understanding different types of property interests and the conditions tied to them. For example, if a property is granted for the purpose of building a school, it can be understood that if the property ceases to be used for that purpose, the ownership automatically reverts. This distinguishes it from other forms of property ownership, such as fee simple absolute, where ownership is unconditional and does not terminate under any specific circumstances.