Fee Simple
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Fee Simple Estate: Absolute ownership unencumbered by an other interest or estate; subject only to the limitations of eminent domain, escheat, police power, and taxation.
Fee simple ownership: Property ownership where one person or entity holds the entire ownership interest.
Fee Simple:
Title to ownership without restriction or limitation. For example ownership of land in fee simple means the land is owned out right as compared to a person who leased land.
Fee simple
The most extensive tenure allowed under the feudal system allowing the tenant to sell or convey by will or be transfer to a heir if the owner dies intestate.
fee simple absolute - The most complete, unlimited form of ownership of real property.
felony - A crime punishable by death or imprisonment for a term of not less than one year, and the crime is of a more serious nature than a misdemeanor.
fee simple
n. absolute title to land, free of any other claims against the title, which one can sell or pass to another by will or inheritance.
Fee Simple
An estate under which the owner is entitled to unrestricted powers to dispose of the property, and which can be left by will or inherited.
Federal Home Loan Board
The board which charters and forbids discrimination in the sale.
fee simple pl: fees simple [simple without limitation (as to heirs) and unrestricted (as to transfer of ownership)] : a fee that is alienable (as by deed, will, or intestacy) and of potentially indefinite ...
fee simple absolute - The most complete, unlimited form of ownership of real property.
Fee simple
A term referring to the ownership of property and meaning the most extensive tenure allowed under the feudal system, allowing the tenant to sell or convey by will or to transfer to an heir if the owner dies intestate.
Fee simple on condition subsequent
Definition -
: a defeasible fee that may be terminated by the grantor or assigns upon the occurrence of an event ...
Fee simple
References
"Base Fee". Encyclopædia Britannica (11th ed.). 1911.
Fee Simple
A complete, unencumbered ownership right in a piece of property.
FHA ...
A fee simple is essentially absolute ownership of land; it includes, therefore, complete freedom of alienation and (since 1540) of devising (bestowing by will).
in fee simple
adj. referring to holding clear title to real property.
in forma pauperis
(in form-ah paw-purr-iss) adj. or adv. Latin for "in the form of ...
A fee simple is an estate inlands or tenements which, in reference to the ownership of individuals, is not restrained to any heirs in particular, ...
Allodial title · Fee simple
Life estate · Fee tail · Future interest
Concurrent estate · Leasehold estate ...
Interests in real property vary widely from total ownership (called fee simple absolute) to leasehold interests in which ownership is not actually conveyed.
Fee simple: Freehold estate in land, the most extensive tenure allowed under the feudal system. A person who owns a fee simple estate may sell it, convey it by will or it may be transferred to an heir if the owner dies without leaving a will.
The fee simple of the inn would appear to have remained vested in the see of Chichester; and it was not until 1580 that the society which for centuries had occupied the inn as tenants acquired the absolute ownership of it.
JOINT TENANTS - Two or more persons to whom are granted lands or tenements to hold in fee simple, fee tail, for life, for years or at will. The estate which they thus hold is called an estate in joint tenancy.
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Back To The Letter * J * ...
consists of a combination of title in fee simple in respect of a described part of a building or designated air space or even bare land, coupled with an interest as a tenant in common in respect of the remaining (common) areas, ...
1) Property: Used in property law to describe an estate that is free from any limitations at all. Only a fee simple may be absolute.
Words in a conveyance or in a will which set the duration of an estate. If a will said "to Bob and his heirs", the words "and his heirs" were words of limitation because they indicate that Bob gets the land in fee simple and his heirs get no interest.
If a will said "to Bob and his heirs", the words "and his heirs" were words of limitation because they indicate that Bob gets the land in fee simple and his heirs get no interest.
 See also: Estate, Law, Property, State, Will
  
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