What are homeowners' associations (HOAs) and how do they relate to fee simple ownership?

Jan 7, 2021 ... With fee simple ownership, you have the right to do whatever you want to the property, meaning you can tear down any existing buildings ... ... would have to probate her aunt's estate in order to close on the property. ... There are three “fee simple” (fee simple means unconditional ownership) ... May 1, 2024 ... When you own land in fee simple, you have complete and total ownership rights, subject only to government regulations and restrictions. This ... 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. Jul 16, 2024 ... According to Florida Statutes Chapter 689, a fee simple owner has full rights to the property, including the ability to use it, sell it, or pass ... This type of real property ownership does not exist in Minnesota, but ... This is called ”fee simple ownership.” Real property owners may have limits ... Mar 1, 2023 ... As the owner of a fee simple property, you have purchased complete ownership, meaning that the land itself belongs to you, along with all of the dwellings, ... Oct 25, 2022 ... Furthermore, fee simple ownership means you have absolute control of the property and can do whatever you want. Leasehold contracts may have ... In real estate, a fee simple estate is a form of freehold ownership. It grants a property owner exclusive rights on a property, which means that they own the ... 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.