fee simple

fee simple

n. pl. fees simple

1. An estate in land of which the inheritor has unqualified ownership and power of disposition.

2. Private ownership of real estate in which the owner has the right to control, use, and transfer the property at will.

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fee simple

n

(Law) Property law an absolute interest in land over which the holder has complete freedom of disposition during his life Compare fee tail

[from Anglo-French: fee (or fief) simple]

Thesaurus

Noun

1.

fee simple - a fee without limitation to any class of heirs; they can sell it or give it away fee - an interest in land capable of being inherited