fee simple

fee simple

An interest in land that, being the broadest property interest allowed by law, endures until the current holder dies without heirs; esp., a fee simple absolute. ¡ª Often shortened to fee.

¡ª Also termed estate in fee simple; tenancy in fee; exclusive ownership; fee-simple title; feudum simplex. [Cases: Estates in Property 5¨C7. C.J.S. Estates ¡ì¡ì 11¨C14, 20¨C21.]


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