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In English law, a fee simple or fee simple absolute is an estate in land, a form of freehold ownership. A "fee" is a vested, inheritable, present possessory interest in land. A "fee simple" is real property held without limit of time (i.e., permanently) under common law, whereas the highest possible form of ownership is a "fee simple absolute", which is without limitations on the land's use (such as qualifiers or conditions that disallow certain uses of the land or subject the vested interest to termination).[1]
The rights of the fee-simple owner are limited by government powers of taxation, compulsory purchase, police power, and escheat, and may also be limited further by certain encumbrances or conditions in the deed, such as, for example, a condition that required the land to be used as a public park, with a reversion interest in the grantor if the condition fails; this is a fee simple conditional.[2]
^"What Is Fee Simple In Real Estate?". www.rocketmortgage.com. Retrieved 2023-07-27.
^
Indiana Court of Appeals (2007). Jensen v. City of New Albany. 868 N.E.2d 525.{{cite book}}: CS1 maint: location (link) CS1 maint: location missing publisher (link)
In English law, a feesimple or feesimple absolute is an estate in land, a form of freehold ownership. A "fee" is a vested, inheritable, present possessory...
terms fee tail and tailzie are from Medieval Latin feodum talliatum, which means "cut(-short) fee". Fee tail deeds are in contrast to "feesimple" deeds...
defeasible estates are the feesimple determinable, the feesimple subject to an executory limitation or interest, and the feesimple subject to a condition...
defence of the land. Most property ownership in common law jurisdictions is feesimple. In the United States, the land is subject to eminent domain by federal...
Canada, Ireland, New Zealand, United Kingdom, United States) being in feesimple. Allodial title is inalienable, in that it may be conveyed, devised, gifted...
Book of Fees, a scholarly collection of fiefs Brahmadeya, a royal fief given to a Brahmin for service to an Indian king. Enfeoffment FeesimpleFee tail...
qualitatively (either partially in feesimple or, commonly, an easement, or any other interest less than the full feesimple title). The term "eminent domain"...
is, a life estate owner cannot give complete and indefinite ownership (feesimple) to another person because the life tenant's ownership in the property...
could be made of fees of various feudal tenures, such as fee-tail or fee-simple. The term feoffment derives from a conflation of fee with off (meaning...
fief or fiefdom, meaning a feudal landholding, and a fee farm grant is similar to a feesimple in the sense that it gives the grantee the right to hold...
some other person. For example, a tenant in possession might acquire a feesimple in the land from a superior landowner such as a freeholder. In such a...
Treasure trove Bailment License Alienation Estates in land Allodial title FeesimpleFee tail Life estate Defeasible estate Future interest remainder Concurrent...
so long as alcohol is not sold on the premises." This would create a feesimple determinable in A, with a possibility of reverter in the grantor (or the...
Remainder: A remainder arises when a tenant with a feesimple grants someone a life estate or conditional feesimple, and specifies a third party to whom the land...
condition subsequent, this creates a defeasible fee called a feesimple subject to condition subsequent. In such a fee, the future interest is called a "right...
the vendor conveyed the fee-simple estate to P1, but retained the title deeds and fraudulently purported to convey the fee-simple estate to P2. The latter...
serfs, and free tenants. Peasants might hold title to land outright (feesimple), or by any of several forms of land tenure, among them socage, quit-rent...
school or bar exam question on real property might say: Adam, owner of a feesimple in Blackacre, conveyed the property "to Bill for life, remainder to Charles...
under right of reversion. The borrower (reverser) conveyed by charter a feesimple estate, in consideration of a loan, to the lender (wadsetter) who on redemption...
the state and its applicable laws. Condominiums are usually owned in feesimple title, but can be owned in ways that other real estate can be owned, such...
sold on the open market. A leasehold thus differs from a freehold or feesimple where the ownership of a property is purchased outright and after that...
Leased fee value – This is simply the feesimple interest encumbered by a lease. If the lease is at market rent, then the leased fee value and the fee simple...