- fee simple
Real property in which the owner is entitled to the entire property and subject to no conditions (SA-Bankruptcy.com)Title to ownership without restriction or limitation. For example ownership of land in fee simple means the land is owned out right as compared to a person who leased land. (Dictionary of Canadian Bankruptcy Terms)
United Glossary of Bankruptcy Terms 2012.
Glossary of Bankruptcy.
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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 — 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 — UK US noun [U] (also fee absolute) PROPERTY, LAW ► the right to own a building or piece of land without time limit: »The vendor was granted the fee simple of the property. → Compare LEASEHOLD(Cf. ↑leasehold) → … Financial and business terms
fee simple — n. 〚Anglo Fr: see FEE & SIMPLE〛 absolute ownership of real property with unrestricted rights of disposition * * * … Universalium
fee simple — n. [Anglo Fr: see FEE & SIMPLE] absolute ownership of real property with unrestricted rights of disposition … English World 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 — Synonyms and related words: adverse possession, alodium, burgage, claim, colony, copyhold, de facto, de jure, dependency, derivative title, equitable estate, estate at sufferance, estate for life, estate for years, estate in expectancy, estate in … Moby Thesaurus
fee-simple — feodum simplex, a simple or pure fee; fee simple Feodum talliatum, a fee tail. In old English law, a seigniory or jurisdiction. A fee, a perquisite or compensation for a service … Black's law dictionary
fee simple — The largest estate in land known to the law and implying absolute dominion over the land; an estate of inheritance clear of any condition, limitation, or restriction, to particular heirs. 28 Am J2d Est § 10. An estate of lawful inheritance or… … Ballentine's law dictionary