What are the characteristics of fee simple defeasible ownership?

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 ... 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, ... Jul 6, 2023 ... I was under the impression that fee simple ownership means the owner has all of the bundle of ownership rights. 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 ... Jul 12, 2010 ... ... fee simple” that we considered to mean the surface estate only. ... Fee Simple (or Fee Simple Absolute) is the highest form of ownership of an ... 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 ... Oct 17, 2022 ... It means you own the property outright, and no one else has claim to it. It's described by many different sources as the highest form of land ownership in ... If you own property that is titled solely in your name you possess total legal control over it. This allows you to do with it whatever you want without anyone ... 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. ... 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 ...