The type of estate Jason holds, according to the condition set by his parents, is known as ______.

In the context of real estate, the type of estate held by an individual can be influenced by specific conditions or limitations set forth at the time of conveyance. If Jason's parents have placed certain conditions related to the use or ownership of the property, which, if violated, would result in the termination of his interest in that property, he would hold a fee simple defeasible estate.

A fee simple defeasible includes conditions that, if not met, will allow the previous owner or their heirs to reclaim the property. This estate is characterized by the potential for automatic termination upon the occurrence (or non-occurrence) of a specified event. For instance, if the condition set by his parents was that Jason must use the property for residential purposes and he were to use it for commercial purposes instead, his estate could be forfeited.

This distinguishes it from a fee simple absolute, which represents full ownership without conditions. A fee simple determinable, while also a type of defeasible fee, specifically ends automatically when a certain condition is violated; however, it often involves language indicating that the property will revert to the original grantor upon that occurrence.

A life estate, on the other hand, is limited to the lifetime of an individual and does not involve the