Fee simple

Related Terms:

frank fee private fee use property writ of right owner seignory right will estate in land freehold real estate control transfer ownership

Definitions:

Noun

fee simple

Definition: a fee without limitation to any class of heirs; they can sell it or give it away

Definition: The private ownership of property (real estate) in which the owner has the right to control, use, and transfer the property at will.

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