Fee Simple
/ˈfiː ˌsɪm.pəl/
Definitions
- (n.) An estate in land that grants the owner absolute ownership with unlimited duration, freely transferable and inheritable.
She acquired the property in fee simple, giving her full ownership rights.
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Commentary
Fee simple is the most complete interest in land recognized by common law, often the default estate type in property conveyances.
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.