How does fee simple ownership relate to property purchased at a tax sale?

Jul 8, 2022 ... Fee simple describes an interest in land, which is what we commonly refer to as private ownership (subject to limitations). Freehold means that ... It is an absolute ownership of real property, or real estate, meaning all buildings, land and improvements are owned absolutely by the owner. This is the most ... May 21, 2009 ... ... Fee Simple or Leasehold. Now I have used Fee simple all along but I figured I would change it because wouldn't the definition of Fee Simple ... ... 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. Aug 1, 2019 ... The existence of a mortgage does not mean the owner has less than a fee simple absolute estate. The home also has utility easements for water, ... Jan 18, 2018 ... In the case of a condominium property, Fee Simple ownership is the ownership of the condominium unit and ownership of a percentage interest of ... The unit owners also have an undivided interest in the physical components of the buildings and land. The legal definition of condominium is: The absolute ... Nov 28, 2023 ... Fee simple is a legal term used in real estate that means full and irrevocable ownership of land, and any buildings on that land. The ownership interest in a leased property. Leasehold Estate – The interest which a tenant or lessee acquires under a lease, including rights of use and ... FEE SIMPLE TITLE REQUIRED; MAINTENANCE OF FEE SIMPLE TITLE. (a) A potential ... (5) "Private transfer fee obligation" means an obligation to pay a private ...