Who holds the future interest in a fee simple subject to a condition subsequent?

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 ... 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 ... Mar 14, 2025 ... The meaning of FEE SIMPLE is a fee without limitation to any class of heirs or restrictions on transfer of ownership. How to use fee simple ... 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 ... It is an absolute ownership of real property, or real estate, meaning all buildings, land and improvements are owned absolutely by the owner. This is the most ... Fee simple indicates ownership that is not liable to end upon any ... In possession means that the owner's rights are immediate, thus future interests do ... Mar 26, 2024 ... Fee simple ownership means that as long as you follow zoning and easement restrictions, you can add a bedroom to your home, build a second-story ... 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 ... 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. To be sure, the fact that the legal interest is perpetual does not mean that any individual owner's time horizon will be endless. People often dis- count ...