Fee Simple
FEE SIMPLE
The greatest possible estate in land, wherein the owner has the right to use it, exclusively possess it, commit waste upon it, dispose of it by deed or will, and take its fruits. A fee simple represents absolute ownership of land, and therefore the owner may do whatever he or she chooses with the land. If an owner of a fee simple dies intestate, the land will descend to the heirs.
The term fee used independently is an adequate designation of this type of estate in land. The term simple is added to distinguish clearly this estate from other interests in real property.
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), and , fee •absentee, addressee, adoptee, agree, allottee, amputee, appellee, appointee, appraisee, après-ski, assignee, attendee, bailee, bain-marie, Bangu… Estate , ESTATE
The degree, quantity, nature, and extent of interest that a person has in real andpersonal property. Such terms as estate in land, tenement, a… Tenure , tenure, in law, manner in which property in land is held. The nature of tenure has long been of great importance, both in law and in the broader econ… John Gregg Fee , John Gregg Fee
John Gregg Fee (1816-1901) was an unusual American abolitionist, for he carried out his agitation in a border state, where slavery was… Easement , A right of use over the property of another. Traditionally the permitted kinds of uses were limited, the most important being rights of way and right… Freehold , free·hold / ˈfrēˌhōld/ • n. permanent and absolute tenure of land or property with freedom to dispose of it at will. Often contrasted with leasehold.…
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Fee Simple