Owning real estate seems fairly straightforward. But depending on where the property is located, ownership can mean a few different things. While it's not common everywhere, some states are known to ...
Fee simple absolute is a type of property ownership that grants the owner full rights to use, sell, lease, or transfer the ...
Fee simple is a term used in real estate to describe when an owner has complete legal ownership over a designated area of land and all properties that sit on that land. This is the highest form of ...
A fee simple defeasible estate is a type of property ownership in which the owner holds title to the property with specific conditions or limitations. Fee simple defeasible estates are common in real ...