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Keywords:
Unrestricted,
Heir,
Forever,
Absolute,
Unconditional
The great possible form of ownership of real property; absolute ownership.
Title deed with freehold rights of unlimited duration (as opposed to life estate title which lasts for the lifetime of a specified person).
see Estate in fee simple.
The full term is Fee Simple Absolute in Possession, meaning complete and unconditional ownership of land.
Absolute title; the highest possible interest in a property.
An estate in real property, by which the owner has the greatest power over the title which it is possible to have, being an absolute estate; an estate of inheritance belonging to the owner, that he may dispose of, trade, or will, as he chooses.
Highest possible degree of ownership of land. The estate allows owners to have unrestricted powers to dispose of property, and which can be left by will or inherited.
An estate in real property by which the owner has the greatest possible power over the title. In modern use it expressly establishes the title of real property with the owner without limitation or end. He or she may dispose of it by sale, trade, or will, as he or she chooses. In modern estates the terms "Fee" and "Fee Simple" are substantially synonymous. Back to the Top
an inheritance having no limitations or conditions in its use.
Ownership of real estate, free from all conditions and limitations.
An estate inheritance without restrictions, by which an owner is entitled to the entire property without limitations or conditions, as are his or her heirs.
(also fee interest or fee simple interest) A way of describing full ownership of a piece of land, including all of the legal rights of the property. The word "fee" comes from an old English word meaning "land that can be inherited." Less than fee interest is ownership with restricted rights. A person buying land that already has a conservation easement is getting less than fee interest.
A term used to describe ownership in real estate meaning that the person owning the property has all possible rights to the use of the property, including the right to take a mortgage out on the property or pass it on to their heirs.
Outright ownership of land and the most unfettered estate in land recognized by law.
An estate limited absoÂlutely to a man and his heirs and assigns forever without limitation or condition. It is one in which the owner is entitled to the entire propÂerty, with unÂconditional power of disposition during his life, and descending to his heirs. It is unÂlimÂited as to duraÂtion, disposition, and descendability.
Absolute title to property with no limitations or restrictions regarding persons who may inherit it.
Also known as the "fee," this type of ownership offers the widest possible ownership of property.Where possible, investors do well to seek out fee simple ownership to foreclosed property, as this gives them the biggest package of owner rights under law.
Unrestricted ownership of real property.
The greatest possible estate or right of ownership of real property, continuing with- out time limitation. Sometimes called fee or fee simple absolute.
The terms "fee" and "fee simple" are substantially synonymous. The term "fee" is of old English derivation. "Fee simple absolute" is an estate in real property by which the owner has the greatest power over the title which it is possible to have, being an absolute estate. In modern use, it expressly established the title of real property in the owner, without limitation or end. They may dispose of it by sale, or trade or will, as he chooses.
Unqualified ownership of real property, giving the owner unrestricted powers to dispose of the property.
Complete interest in the property subject only to the governmental powers such as eminent domain.
The most basic type of ownership, under which the owner has the right to use and dispose of the property at will.
Gives you total interest in real estate property. This also gives you the right to sale the property or give the property to a relative.
The highest and best form of ownership recognized by law. Owner is entitled to the entire property with unconditional power to sell it.
a fee without limitation to any class of heirs; they can sell it or give it away
an absolute and unqualified estate providing the owner with all incidence of ownership, including the unconditional power of disposition
Inherited property to any heir.
Highest land interest; full title; right to convey or transfer by will or mortgage without restriction.
This type of ownership continues forever. The timeshare owner holds a deed in their name and the ownership of the timeshares can be bequeathed to heirs.
An estate under which the owner owns a complete interest in the property and is entitled to the unrestricted use and enjoyment of the property, including the right to dispose of the property.
The greatest estate in property that an individual can possess.
estate under which an owner is entitled to without limitation unrestricted powers to a piece of property (this is used commonly as a synonym for ownership).
Clear, unrestricted ownership of a property.
The terms "fee" and "fee simple" are synonymous and establishes title of real property in the owner, without limitation or end, although it may be subject to encumbrances.
an estate of inheritance in land, absolute and without limitation to any particular class of heirs
A type of ownership of property in which the owner has full control over the interest and use of property with no restrictions for the transfer of ownership.
Outright ownership of property with absolute rights to dispose of, or gift, it to anyone at death.
The complete and absolute ownership of property where the owners have powers to do anything with the property.
This is a property owned outright by an individual or a couple, where they have all rights to the land and improvements.
A legal term designating the highest interest in land that includes all the rights of ownership.
In land ownership, complete interest in a property, subject only to governmental powers such as eminent domain.
The highest estate in real property. The ownership of real property without reservation or restriction.
Complete legal ownership of a property.
Outright ownership, or the most complete type of ownership.
an estate of absolute inheritance "without limitation or condition". The person owns the land, whereas a lessee must meet certain requirements as set out, by the Crown, in the lease.
The legal term for the maximum interest in land available to a person, or the maximum of legal ownership. Equivalent in many ways, for practical purposes to absolute ownership.
The highest estate in the land that recognises absolute ownership for practical purposes.
Type of interval ownership that lasts forever. The ownership of the property can be inherited by family members.
A freehold estate in land (as opposed to a leasehold) where the owner of the land has no time limit to his period of ownership.
A type of timeshare ownership wherein the owner holds a deed in his/her name. Fee Simple is considered to be the opposite of right-to-use or lease ownership. This type of ownership continues forever; the ownership of the property can even be bequeathed to heirs.
Also means Freehold - this is the highest form of estate that can be held by a person without being the absolute owner, which is the Crown
The greatest estate one can have in real property; of indefinite duration; with no conditions or restrictions on the use of the land other than public ones, such as zoning regulations; freely transferable or inheritable. Also known as the Fee.
A type of estate whereby the owner enjoys complete ownership of a property wihtout restrictions and the right to dispose of the property.
The greatest interest available in real estate. An estate in which the owner has unrestricted power to dispose of the property as he wishes, including leaving by will or inheritance.
The greatest possible interest one can have in a parcel of real estate, including the right to dispose of the property or pass it on to one's heirs.
The entire or whole ownership of property unburdened by any future interest or any possibility of losing total ownership. Other forms of property ownership are life estate, joint ownership, or tenancy in common, for example.
The highest degree of ownership in real estate recognized by law. When a fee simple property is purchased, the ownership includes, not only the improvements but the land as well.
The highest estate one may have in real property. An absolute or fee simple estate is entitled to the entire property, with unconditional power of disposition during his life, and descending to his heirs and legal representatives upon his death intestate. (Back to Terms list)
The maximum possible estate or right of ownership of real property, containing forever.
The maximum interest in a property. Essentially equivalent to absolute ownership.
absolute possession of freehold land
An estate in which the owner is entitled to the entire property, with unconditional power of disposition during the owner's life, and which descends to the heirs upon the owner's death if the owner dies without a will.
a term that basically is a synonym for ownership of property, that can be sold in any way and passed on to inheritors.
The absolute total interest in real property. Compare, LIFE ESTATE, REVERSION . FINANCING STATEMENT - Lenders record financing statements to evidence personal property, such as a new furnace, siding or windows, is subject to a lien.
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.
() The greatest possible interest a person can have in real estate.
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