What is an easement by prescription?

How Do I… External Links ... (b) "Townhouse owner" means the person or persons owning the real estate in fee simple on which a townhouse unit is located. 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 ... 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. Unlike other forms of property ownership that may have restrictions or conditions, fee simple absolute grants the owner full and unconditional rights to 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. FEE SIMPLE TITLE REQUIRED; MAINTENANCE OF FEE SIMPLE TITLE. (a) A potential ... (5) "Private transfer fee obligation" means an obligation to pay a private ... 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 ... The advantages of fee simple is that you essentially have unlimited use of what you can do with the land (subject of course to other easements on the title, ... 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 ... 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 ...