What are some common defects that can occur in a chain of title?

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 ... Unlike trust land fee (fee simple or fee patent) land generally means that ... Co-ownership: Co-ownership of fee and trust land exists when two or more ... In short, fee simple means that there are no limits to what the property owner may do on the land, except adhering to any local zoning ordinances because the ... Fee simple is the type of ownership that embraces every interest in a property. In other words, when a person owns property in fee simple, there are no ... ... 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 2, 2019 ... The typical homeowner owns a home in fee simple absolute, and the deed reflects that estate. The existence of a mortgage does not mean the owner ... definition of leased fee interest from equation (2) above, we get: ... What equations 8a and 8b show is that the leased fee interest is the fee simple estate when ... ... meaning of fee simple ownership of property ... In most sales of homes and other properties, it is the unencumbered fee simple interest that transfers. 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. ... fee or fee simple mineral estate, is complete ownership of the mineral estate. ... An oil & gas lease is considered a fee simple determinable, meaning that it may ...