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- nounlawfee simple (noun) · fees simple (plural noun) · fee simple absolute in possession (noun)
- a permanent and absolute tenure in land with freedom to dispose of it at will, especially (in full fee simple absolute in possession) a freehold tenure, which is the main type of land ownership.
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- Generating answers for you...fee simple A fee simple is the greatest possible property interest in land, granting its owner all traditional property rights. Because a fee simple interest stretches out in time forever, there can only be one fee simple at a time for any given chunk of land.Learn more:fee simple A fee simple is the greatest possible property interest in land, granting its owner all traditional property rights. Because a fee simple interest stretches out in time forever, there can only be one fee simple at a time for any given chunk of land.www.law.cornell.edu/wex/fee_simpleA "fee simple" is real property held without limit of time (i.e., permanently) under common law, whereas the highest possible form of ownership is a "fee simple absolute", which is without limitations on the land's use (such as qualifiers or conditions that disallow certain uses of the land or subject the vested interest to termination).en.wikipedia.org/wiki/Fee_simplefee simple noun fee sim·ple plural fees simple : a fee that is alienable (as by deed, will, or intestacy) and of potentially indefinite durationwww.merriam-webster.com/dictionary/fee%20simpleFee simple is a legal term describing the most common and absolute type of property ownership. The owner's property rights are indefinite and can be freely transferred or inherited as the owner desires.www.redfin.com/definition/fee-simpleFee 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.legal-dictionary.thefreedictionary.com/Fee%20Simple
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WebJan 13, 2023 · Fee simple ownership entitles a homeowner to full enjoyment of the property, including the land and any structures that may be erected on the land. It's limited only by zoning laws, deed or …
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WebOct 23, 2023 · Holding a fee simple interest in a property means the property is yours to modify, rent, sell, or leave as an inheritance to another person. Fee simple ownership is an unrestricted type of …
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