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The fee simple estate is also called "estate in fee simple" or "fee-simple title", or sometimes simply "freehold" in England and Wales. From the start of the Norman period, when feudalism was introduced to England, the tenant or "holder" of a fief could not alienate (sell) it from the possession of his overlord.
Under common law, Fee simple is the most complete ownership interest one can have in real property, other than the rare Allodial title. The holder can typically freely sell or otherwise transfer that interest or use it to secure a mortgage loan .
[citation needed] In feudal England a feoffment could only be made of a fee (or "fief"), which is an estate in land, that is to say an ownership of rights over land, rather than ownership of the land itself, the only true owner of which was the monarch under his allodial title. Enfeoffment could be made of fees of various feudal tenures, such ...
The Ottawa County Auditor's Office recorded the following property transfers between Feb. 20 and Feb. 23. Bay Township ... 5686 Ohio 163 Unit G-13, Safe Harbor Development Ltd. To K and J ...
However, new types of land ownership is generally disallowed, under the numerus clausus principle, unless they are introduced by legislation. [13] In most states, full ownership of land is known as fee simple, fee simple absolute, or fee. [14] Fee simple refers to a present interest in the land, which continues indefinitely into the future. [14]
Oak Tree Real Estate Ohio LLC from Canton Property Investors LLC, 652 Young Ave SE, $1,005,000. Panigrahi Sambit from Gateway Equity Group Ltd, 918 Green Ave SW, $90,000.
Property transfers from across Ashland County. ... 603 Ohio 511, Ashland; David J. Keener and Christy J. Keener to Richard L. Shafer II and Susan L. Shafer; 2.066 acres; $315,000.
An estate in land is, in the law of England and Wales, an interest in real property that is or may become possessory. [1] [2] It is a type of personal property and encompasses land ownership, rental and other arrangements that give people the right to use land.
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