At any rate, musty parchments and title-deeds there were none on the island; and I am half inclined to believe that its inhabitants hold their broad valleys in fee simple
from Nature herself; to have and to hold, so long as grass grows and water runs; or until their French visitors, by a summary mode of conveyancing, shall appropriate them to their own benefit and behoof.
Because a fee simple
valuation presumes that the property is available to be leased at market rates, an appraisal can value the fee simple
interest assuming a lease, so long as it assumes a lease that reflects the relevant real estate market.
Target: Fee simple
interest in Beverly Hills, California, US-based class A office building
to this "Chicago critique," the fee simple
(a) fee simple
including the mines and minerals that may be found to exist within, upon or under such lands; or
Further, IRS revenue ruling 67-284 established five factors to be used in determining income exemption: 1) land must be held in trust by the United States; 2) land is restricted and allotted for an individual Indian, not the tribe; 3) income must be directly derived from the land, 4) the statute, treaty, or authority evinces Congressional intent that the allotment be used to protect the Indian; and 5) language of the authority indicates clear Congressional intent that the land is not to be taxed until it is conveyed in fee simple
to the allottee (Nilles, 2012).
The second property that the Company's sponsor has placed under contract is a free-standing fee simple
Duane Reade pharmacy located at 163-30 Cross Bay Boulevard in Howard Beach, Queens, New York.
The $82-million, 147,000-square-foot high-tech, state-of-the-art printing and production facility on 11.6 fee simple
acres in the City of Kapolei is scheduled for a summer 2004 opening.
Typically there are three types of upfront fees: conventional purchase involving fee simple
ownership, cooperative or condominium owners paying a one-time fee similar to the conventional home purchase, and the life estate or master trust concept requiring the resident to pay an upfront fee in an amount similar to fee simple
1031 for a future interest in real property,(1) but a life estate may not be exchanged for a remainder.(2) The exchange of a remainder interest for a fee simple
qualifies under Sec.
, as most commentators have noted, was a category of property holding in feudal tenure -- one which came |as close to absolute ownership as the system of tenure will allow',(4) and conferred upon the tenant,the right to sell, transfer, or bequeath property directly' (Eberle).