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A "fee simple" is real property held without limit of time (i.e., permanently) under common law, whereas the highest possible form of ownership is a "fee simple absolute", which is without limitations on the land's use (such as qualifiers or conditions that disallow certain uses of the land or subject the vested interest to termination).
A garden square is a type of ... The same former single-owner scenario applies to at least one ... The tradition of fee simple land ownership in American cities has ...
A common recovery was a legal proceeding in England that enabled lawyers to convert an entailed estate (a form of land ownership also called a fee tail) into absolute ownership, fee simple. [1] This was accomplished through the use of a series of collusive legal procedures, some parts of which were fictional and others unenforceable (and ...
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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] One other type of ownership is the defeasible fee, which is like fee simple, except that it can end upon some event occurring. [14]
fee simple subject to a condition subsequent; fee simple subject to executory limitation; finite estate—limited to lifetimes life estate—fragmented possession and use for duration of someone's life; fee tail—inalienable rights of inheritance for duration of family line; Leasehold estates: rights of possession and use but not ownership ...
You don’t pay a commission fee: FSBO sellers keep more of their profits after closing because they don’t have to shell out money for a listing agent’s commission fee. This averages from 2.5 ...
Square is expanding from debit cards into fee-free business checking and savings accounts after obtaining a banking charter earlier this year.