By David Saks
#2368 If a title is conveyed and a condition is written into the conveyance stating that no flea market activities may be held on the property this type of title is called a life estate. True or false ? Remember to take your time. The solution is below the wildlife photograph. A. False This type of deed conveyance is known as a fee simple defeasible estate because it can be revoked if a flea market sets up on the property. A life estate only lasts as long as the person that has the deed is living.