A definition of the term "fee simple ownership" is presented. It refers to a title of ownership that grants the owner all the rights of ownership in a property along with all the improvements. The ownership is subjected to the limitations of the four powers of the government, taxation, ...
This type of ownership is contingent on an event occurring in the future, such asthe owner's death. If you break a condition of this type of fee simple, you could lose the property title. Fee simple subject to a condition subsequent with time that is measured by a specific number of ye...
Related to Fee title:fee simple,Fee simple estate fee simple An inheritable, possessory interest in land which may endure until the death of all lineal and collateral heirs of the first owner and which may be freely conveyed by its owner. ...
A Warranty Deed, also known as a General Warranty Deed in some jurisdictions, differs from other types of deeds by explicitly guaranteeing that the party handing over the deed has fee simple title with no limitations (unless such limitations have been disclosed to, and accepted by, the new ow...
O,a fee simple owner, grants Blackacre to Sand his heirs, so long as Blackacre is used for school purposes. Theinterest created in Sis ___. () A. Fee simple absolute. B. Fee simple determinable. C. Fee tail. D. Fee simple on condition precedent. 相关知识...
Fee simple ownership is unqualified; that is, there are no restrictions on what the owner can do with or on the property, other than the constraints of law or regulation, such as easements, zoning ordinances or fire regulations. This quality of absolute ownership is the key to the other ch...
fee simple (redirected fromFee simple estate) Dictionary Legal Financial Encyclopedia Related to Fee simple estate:Leasehold estate Graphic Thesaurus🔍 DisplayON AnimationON Legend Synonym Antonym Related </>embed</> fee fee simple Words related to fee simple ...
Fee simple is a term that refers to real estate or land ownership. The owner of the property has full and irrevocable ownership of the land and any buildings on that land. He is free to do whatever he wishes on the land subject to local zoning ordinances. ... Fee simple is the ...
O,a fee simple owner, grants Blackacre to Sand his heirs, so long as Blackacre is used for school purposes. Theinterest created in Sis ___. ()<br/> A、Fee simple absolute.<br/> B、Fee simple determinable.<br/> C、Fee tail.<br/> D、Fee simple on condi
The owner of a fee simple absolute has several rights, including: The right of possession; The right of alienation; and The right of exclusion. Traditionally, the words of conveyance which were required to create a fee simple absolute were something similar to, “from X to Y and his heirs...