How long does an option to purchase typically last?

Jul 6, 2023 ... I was under the impression that fee simple ownership means the owner has all of the bundle of ownership rights. Mar 22, 2022 ... Fee simple ownership, which may also be referred to as a freehold, is the type of real estate ownership that most people are familiar with. 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 ... A leasehold estate is a property where an owner, or lessor, leases real estate to a buyer, or lessee, for a specific period of time. Under the court-created (common law) ad coelum doctrine, a fee simple real property owner ... ownership did not intend to convey away minerals that would require ... Title to the real estate is held directly by the unit owners. The Master Deed contains covenants and restrictions governing the entire property. Fee Simple – ... Sep 25, 2020 ... If you have fee simple ownership, it means the property is yours to do with as you wish. Your only obligations are to obey the law (including ... Mar 21, 2023 ... If you have fee simple ownership of a property, it becomes part of your estate, and you have the right to decide who inherits it after you die. Sep 3, 2019 ... “Fee simple” means full and complete ownership of ... Therefore, fee simple ownership of property does not terminate upon the owner's ... A deed is a written instrument that conveys legal and equitable title to real property—in most cases this means a fee simple estate which is the highest level ...