Why is title insurance important even if a title is considered marketable?

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 ... Aug 2, 2021 ... that conveys fee simple title would gen- erally be understood to mean an interest that will endure indefinitely, including all encumbrances ... Jan 17, 2024 ... Fee Simple is commonly defined as a landowner's complete and total ownership of a piece of land and all properties on it. Under the court-created (common law) ad coelum doctrine, a fee simple real property owner ... ownership did not intend to convey away minerals that would require ... 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 ... Jan 20, 2016 ... Definition: The maximum possible estate one can possess in real property. It is the least limited interest and the most complete and absolute ownership in land. 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 ... Unlike other forms of property ownership that may have restrictions or conditions, fee simple absolute grants the owner full and unconditional rights to the ... What Does Fee Simple Mean? ... Fee simple is a type of ownership that gives a single person or entity the greatest possible rights to a piece of real estate. Nov 7, 2023 ... What does it mean to redeem ground rent? ... If you redeem the ground rent you would have absolute ownership of the property in fee simple.