When land ownership is granted for agricultural purposes only, what type of ownership is it?

When land ownership is granted specifically for agricultural purposes and may be subject to certain conditions or limitations, it is classified as fee simple defeasible. This ownership type allows the property owner to have full rights as long as they adhere to the specified conditions; in this case, the condition is that the land must be used for agricultural purposes. If the owner fails to comply with this condition, the ownership can be forfeited or revert back to the original party who granted the ownership, or to another designated party.

This condition distinguishes fee simple defeasible from other types of ownership. For example, a life estate would grant ownership for the duration of someone's life but does not include the agricultural use stipulation. Fee simple absolute allows complete and unrestricted ownership without conditions, while concurrent ownership involves multiple parties holding rights to the same property. Therefore, the specific agricultural limitation clearly defines the property rights as fee simple defeasible.