What type of grant deed allows property use to be conditional on no alcohol being consumed on the property?

A Fee Simple Defeasible grant deed allows property use to be conditional upon certain terms or restrictions. This particular type of ownership means that the grantor places a condition on the use of the property, and if that condition is violated, the property may revert back to the grantor or a third party.

In the case mentioned, where no alcohol consumption is permitted on the property, this condition creates a defeasible estate. If the condition is not adhered to, such as if alcohol is consumed on the property, the owner could lose their interest in the property. This distinguishes Fee Simple Defeasible from other types of grants such as Fee Simple Absolute, which contains no conditions or limitations, and therefore provides the most complete ownership without the risk of reversion based on behavior or use.

Understanding the nature of Fee Simple Defeasible is crucial in real estate, as it outlines specific owner responsibilities and potential consequences tied to the property in question.