Fee Simple at Real Estate Glossary
What is it? The maximum possible estate one can possess in real property. A fee simple estate is the least limited interest and the most complete and absolute ownership in land; it is of indefinite duration, freely transferable and inheritable. Fee simple title is soReal Estate Definition Added By: Parker
The Fee Simple definition has been viewed 159 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 Interest rate caps is A limit on the amount that can be charged to the monthly payment of an adjustable-rate mortgage during an adjustment period.Real Estate Term Timeshare is Ownership that involves the acquisition of a specific period of time, or that percentage of interest, in a vacation home or resort.
Real Estate Term Insurable title is Title to property that a company agrees to insure against defects and disputes.
Real Estate Term Contingency listing is A property listing with a special condition attached.
Real Estate Term Grace Period is An agreed upon time after an obligation is past due when a party can perform without being considered in default.