Can a limited liability company (LLC) hold property in fee simple?

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As used in this section, "fee simple owner" means the owner of a fee simple interest in real property. (b), "Fee simple owner" does not include a tenant ... An absolute or fee simple estate is one in which the owner is entitled to the entire property with unconditional power of disposition during his life. ... estate) in real property that does not constitute fee ownership. Most ... means by which you could determine whether the conveyance is an Easement or Fee. ... estate from an owner with a fee simple title. Fee Simple: Condos & Townhouses. Fee simple can be contrasted with condo ownership. What does this mean? An owner ... This type of real property ownership does not exist in Minnesota, but ... This is called ”fee simple ownership.” Real property owners may have limits ... A fee simple is the highest form of property ownership. It is an estate that is not limited by time. The highest level of ownership a person can have in any real property is the fee simple. Ownership of a fee simple in a parcel of property means the right ... Fee simple is a legal term describing the most common and absolute type of property ownership. The owner's property rights are indefinite. Less than Fee Simple Ownership (Continued). Type of Ownership. What It Means ... If a couple has a life estate and one spouse dies, the remaining spouse is the ... Fee Simple. This term means the owner has full and complete ownership of the property. ... Do You Need to Speak With A Florida Estate Planning Lawyer? If you ...
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