Fee simple defeasible estate

Seller Jameson sells Buyer Jones his land with a deed restriction that says that Buyer Jones and any subsequent buyers can not sell alcoholic beverages on the premises.  Once Buyer Jones takes possession of the land, this estate can be called:

  1. fee simple absolute
  2. fee simple defeasible
  3. life estate
  4. estate in remainder

The answer is B – because there is a deed restriction, this is a fee simple defeasible estate.