ABC Article Directory banner displaying blue butterfly logo. Click to go directly to the main Homepage

The Meaning of a Qualified Fee Land Interest

     A Qualified Fee land interest is a fee interest limited, or modified in some way, to ensure that the beneficiary may not hold the land forever. "A base or qualified fee is such as has a qualification subjoined thereto, and which must be determined whenever the qualification annexed to it is at an end", 2 Bl Comm 109. A 'qualified fee' land interest or a 'determinable fee' is a fee interest lqualified fee land interestike any other, in that it may last forever, but it has a limitation that was attached when the estate was granted, which if it occurs, will bring the estate to an end and transfer the right to ownership of the land to another; as an example, a fee granted for as long as the land is used for school purposes.

Although the terms 'qualified' and 'determinable' are synonymous when applied to a fee interest, the latter is preferred in English law. Similarly, ...

In the United States, qualified fee land interest and

the phrases 'base fee', 'determinable fee', 'fee subject to an executory interest', or 'fee subject to a conditional limitation (all of which systematically come to an end if a specified event occurs and vest the fee in another) are used interchangeably (31 C.J.S., Estates (St. Paul, MN), § 13). Therefore, a qualified fee may be defined as "an estate in fee simple which automatically expires upon the occurrence of a given event [ 4 Thompson on Real Property, § 2171, p. 708 (1940) ] ...", Lehigh Valley R.R. Co. v. Chapman, 35 NJ 177, 171 A. 2d 653, 657 (1961) (4 Kent's Comm 9; King County v. Hanson Inv. Co., 34 Wash. 2d 112, 208 P. 2d 117 (1949); 31 C.J.S., Estates (St. Paul, MN), § 14). (Qualified Fee land interest).

" 'Any time a fee is so qualified as to be made to identify, or reliant be determined, at the happening of some contingent event or act, the fee is said to be base, qualified, or determinable. There are four classes of such fees, viz., fee upon condition, fee upon limitation, a conditional limitation, and a fee conditional at common law' Tiedeman, Real Property, p. 28, § § 44, 271", Tebow v. Dougherty, 205 Mo 315, 103 SW 985, 988 (1907) (4 Kent's Comm 9; Usa Pipe-Line Co. v. Delaware, 62 NJL 254, 41 A 759, 763 (1898)). (Qualified Fee land interest).

The American Law Institute, Restatement of Property (St. Paul, MN: 1936), Ch. 4, Introductory Note: Special Note, considers using the terms 'base fee', 'conditional fee', 'qualified fee' or 'conditional limitation' as undesirable in modern American law, preferring to describe an estate so created as an estate in fee simple defeasible. Whenever the term is used, a 'qualified fee' land interest may also be called a 'modified fee' or 'qualified fee estate'. Cf. absolute estate. See also estate on condition, fee simple conditional, fee simple determinable, fee tail, qualified title (Eng). (Qualified Fee land interest).

Bibliographical references for Qualified Fee land interest:

28 Am.Jur.2d., Estates (Rochester, NY), 26. (Qualified Fee land interest)
31 Cor.Jur.Sec., Estates (St. Paul, MN), 14. (Qualified Fee land interest)

Megarry & Wade: The Law of Real Property (8th ed. London: 2012), 3062, 3063 (qualified fee land interest).

Damien Abbott, B.Sc.,FRICS is the author of the Encyclopedia of Real Estate Terminology. Damien is an expert in providing definitions for Real Estate terms and today's term is Qualified Fee land interest.

Damien Abbott, B.Sc.,FRICS is the author and publisher of the Encyclopedia of Real Estate Definitions. Damien is an expert in delivering definitions for Real Estate terms and today's term is Determinable Fee Estate.

Article Source:

Damien Abbott, B.Sc.,FRICS is the author of the Encyclopedia of Real Estate Terminology. Damien is an expert in providing definitions for Real Estate terms and today's term is Qualified Fee land interest.

Posted on 2013-01-27, By: *

* Click on the author's name to view their profile and articles!!!

Note: The content of this article solely conveys the opinion of its author.

Animated RSS Symbol for the ABC Article Directory rss category feed ... Get Every New Inspirational Motivational Article Delivered Instantly!

Facebook Comments

" data-width="470" data-num-posts="10">

Cartoon image of a figure holding a magnifying glass looking for articles in the ABC Article Directory

Still Searching? Last Chance to find what you're looking for with a Google Custom Search!

Custom Search

Or.... You can search this site using our Bing Custom Search!


Did You Like/Dislike This Article? Give It YOUR Rating!

Please Rate this Article

No Ratings Yet. Be The First To Rate This Article

/EDF Publishing. All rights reserved. Script Services by: Sustainable Website Design
Use of our free service is protected by our Privacy Policy and Terms of Service | Contact Us

User published content is licensed under a Creative Commons Attribution-No Derivative Works 3.0 Unported License
Increase your website traffic with

Valid CSS!


Powered by ABC Article Directory