Home
E-Mail
Latest

Fee Simple at Real Estate Glossary

What is it? This type of ownership is the maximum interest a person can have in a piece of real estate. It entitles the owner to use the property in any manner they see fit, in accordance with state and local laws.

Real Estate Definition Added By: Alexander

The Fee Simple definition has been viewed 225 Time(s)!




Send To Friends!

If you'd like to send the Fee Simple definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -





We hope you now understand the meaning of Fee Simple. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Real Estate Terms:

Real Estate Term Secondary Mortgage Market is A market for the purchase and sale of existing mortgages, designed to provide greater liquidity for selling mortgages; also called secondary money market, not to be confused with secondary financing. (See primary mortgage market)

Real Estate Term Brownstone is A vintage row house constructed of red sandstone.

Real Estate Term Reconveyance Deed is A deed used by a trustee under a deed of trust to return title to the truster.

Real Estate Term Before-Tax Cash Flow is The result when the annual debt service is subtracted from the net operating income. (See annual debt service, net operating income)

Real Estate Term Release Clause is A provision found in many blanket mortgages enabling the mortgagor, upon payment of a specific sum of money, to obtain a partial release of particular portions or parcels of the collateral.