fee simple
Translation- fee simple
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n.Complete ownership of a property, with no time limit or restrictions on what can be done with it, that will pass to the owner’s heirs if he or she dies intestate; also called fee simple absolute.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
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An old term meaning complete ownership of real estate. Owners with fee simple have no legal restrictions on their freedom sell the property, give it away, or leave it at death. it is sometimes used in real estate deeds, as in "Harry Hernandez grants to Roberta Irving title in fee simple . . ." Compare: fee tailCategory: Real Estate & Rental Property → Buying a HouseCategory: Real Estate & Rental Property → Selling a House
Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
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Fee simple absolute in possession. A freehold interest in land.
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
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n. At common law, the broadest possible ownership interest in real estate, inheritable by any heir of the owner.@ fee simple absoluteA fee simple with no conditions placed upon it and that will endure as long as there are descendants of the original owner to inherit it.@ fee simple defeasibleA fee simple that is terminable despite the existence of heirs, because of the occurrence of a particular event or condition.@ fee simple determinableA fee simple that terminates and reverts to the grantor upon the occurrence of a particular event or condition; commonly a grant of property to be used for charitable purposes and that reverts if no longer used in this way.@
Webster's New World Law Dictionary. Susan Ellis Wild. 2000.
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The greatest possible estate in land, wherein the owner has the right to use it, exclusively possess it, commit waste upon it, dispose of it by deed or will, and take its fruits. A fee simple represents absolute ownership of land, and therefore the owner may do whatever he or she chooses with the land. If an owner of a fee simple dies intestate, the land will descend to the heirs.
Dictionary from West's Encyclopedia of American Law. 2005.
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The greatest possible estate in land, wherein the owner has the right to use it, exclusively possess it, commit waste upon it, dispose of it by deed or will, and take its fruits. A fee simple represents absolute ownership of land, and therefore the owner may do whatever he or she chooses with the land. If an owner of a fee simple dies intestate, the land will descend to the heirs.
Short Dictionary of (mostly American) Legal Terms and Abbreviations.
Look at other dictionaries:
Fee simple — is an estate in land in common law. It is the most common way real estate is owned in common law countries, and is ordinarily the most complete ownership interest that can be had in real property short of allodial title, which is often reserved… … Wikipedia
Fee simple — Fee Fee (f[=e]), n. [OE. fe, feh, feoh, cattle, property, money, fief, AS. feoh cattle, property, money; the senses of property, money, arising from cattle being used in early times as a medium of exchange or payment, property chiefly consisting… … The Collaborative International Dictionary of English
fee simple — 1> ист. лен, феод, феодальное поместье … Новый большой англо-русский словарь
fee simple — leg. поместье, наследуемое без ограничений … Англо-русский словарь Мюллера
fee simple — noun (plural fees simple) Date: 14th century a fee without limitation to any class of heirs or restrictions on transfer of ownership … New Collegiate Dictionary
Fee simple — Tenure of a heritable estate in land for ever and without restriction to any particular class of heirs; an estate so held; equivalent to freehold. [MdEngl. simple = without duplicity or complication] Cf. Fee tail; Entail; Subinfeudation … Dictionary of Medieval Terms and Phrases
fee simple — безусловное право собственности, неограниченное право собственности (историческое) лен, феод, феодальное поместье … Большой англо-русский и русско-английский словарь
fee-simple — юр. безусловное право собственности … Большой англо-русский и русско-английский словарь
fee simple — n. 〚Anglo Fr: see FEE & SIMPLE〛 absolute ownership of real property with unrestricted rights of disposition * * * … Universalium
fee simple. — See under fee (def. 4a). [1425 75; late ME < AF] * * * … Universalium
