fee simple (redirected from fee simple absolute in possession)

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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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