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  2. Fee simple - Wikipedia

    en.wikipedia.org/wiki/Fee_simple

    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).

  3. Allodial title - Wikipedia

    en.wikipedia.org/wiki/Allodial_title

    Allodial title constitutes ownership of real property (land, buildings, and fixtures) that is independent of any superior landlord. Allodial title is related to the concept of land held in allodium, or land ownership by occupancy and defence of the land. Most property ownership in common law jurisdictions is fee simple.

  4. Fee Simple vs. Leasehold: What You Need to Know

    www.aol.com/news/fee-simple-vs-leasehold-know...

    Owning real estate seems fairly straightforward. While it's not common everywhere, some states are known to have different types of ownership: fee simple and leasehold. Fee simple ownership is the ...

  5. Defeasible estate - Wikipedia

    en.wikipedia.org/wiki/Defeasible_estate

    A fee simple determinable is an estate that will end automatically when the stated event or condition occurs. The interest will revert to the grantor or the heirs of the grantor. Normally, a possibility of reverter follows a fee simple determinable. However, a possibility of reverter does not follow a fee simple determinable subject to an ...

  6. How do real estate agent fees and commissions work? - AOL

    www.aol.com/finance/real-estate-agent-fees...

    How to avoid paying Realtor fees. Selling your home without the help of a real estate agent — called “for sale by owner” or FSBO for short — is certainly possible. Between July 2022 and ...

  7. Property law in the United States - Wikipedia

    en.wikipedia.org/wiki/Property_law_in_the_United...

    The defeasible fee is sometimes seen with property donated to charity for a specific use, where the grantor specifies that the ownership may end if the property is no longer used in a certain way. [14] Another type of present interest is the life estate, by which the grantor gives the life tenant full rights during the life tenant's life. [14]

  8. Merger doctrine (property law) - Wikipedia

    en.wikipedia.org/wiki/Merger_doctrine_(property_law)

    The merger also refers to the doctrine whereby "a fee simple estate, once fragmented into present and future interests, can thereafter be reconstituted. 'Merger is the absorption of a lesser estate by a greater estate, and takes place when two distinct estates of greater and lesser rank meet in the same person or class of persons at the same time without any intermediate estate.' "[1 ...

  9. I’m a Real Estate Agent: 7 Reasons Why 2025 Is the Year To ...

    www.aol.com/finance/m-real-estate-agent-7...

    While California’s notoriously high-priced real estate market has faced challenges recently, 2025 is shaping up as a promising year for buyers, especially in high-demand areas, Clarke said ...