fee simple estate
USA
The greatest possible interest in real property. The estate is unconditional, unlimited and perpetual. Each state has its own statutory and common law framework for estates in fee simple.
For more information, see Practice Note: Real Estate Ownership (www.practicallaw.com/5-500-5194).
See also

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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 — Typically, words fee simple standing alone create an absolute estate in devisee and such words followed by a condition or special limitation create a defeasible fee. Babb v. Rand, Me., 345 A.2d 496, 498. === Absolute. A fee simple absolute is an… …   Black's law dictionary

  • fee simple — Typically, words fee simple standing alone create an absolute estate in devisee and such words followed by a condition or special limitation create a defeasible fee. Babb v. Rand, Me., 345 A.2d 496, 498. === Absolute. A fee simple absolute is an… …   Black's law dictionary

  • fee simple defeasible — noun (plural fees simple defeasible) : a fee simple estate that may come to an end under a stipulated provision; sometimes : fee simple determinable …   Useful english dictionary

  • fee simple determinable — noun (plural fees simple determinable) : a fee simple estate subject by the provisions of the instrument creating it to come to an end automatically upon the occurrence of an event stated therein …   Useful english dictionary

  • fee simple — fee sim·ple n pl fees simple [simple without limitation (as to heirs) and unrestricted (as to transfer of ownership)]: a fee that is alienable (as by deed, will, or intestacy) and of potentially indefinite duration; esp: fee simple absolute in… …   Law dictionary

  • 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 conditional — see fee simple Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. fee simple conditional …   Law dictionary

  • fee simple defeasible — n. An estate that can end if a particular event does or does not happen; also called a fee simple deter minable. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …   Law dictionary

  • fee simple absolute in possession — the freehold estate that most closely approximates to absolute ownership in English property law. Collins dictionary of law. W. J. Stewart. 2001 …   Law dictionary

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