Estate in Fee Simple
/ˈɛsteɪt ɪn fiː ˈsɪmpəl/
Definitions
- (n.) An ownership interest in real property that is unlimited in duration, freely transferable, and inheritable.
She holds the estate in fee simple to the family home, allowing her to sell or bequeath it.
Forms
- estate in fee simple
Related terms
See also
Commentary
The term denotes the most complete form of ownership in real property under common law, often referenced simply as "fee simple absolute."
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.