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interest in fee-simple

См. также в других словарях:

  • fee simple — fee sim·ple n pl fees simple [simple without limitation (as to heirs) and unrestricted (as to transfer of ownership)]: a fee that is alienable (as by deed, will, or intestacy) and of potentially indefinite duration; esp: fee simple absolute in… …   Law dictionary

  • Fee simple — is an estate in land in common law. It is the most common way real estate is owned in common law countries, and is ordinarily the most complete ownership interest that can be had in real property short of allodial title, which is often reserved… …   Wikipedia

  • fee simple conditional — see fee simple Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. fee simple conditional …   Law dictionary

  • fee simple estate — USA The greatest possible interest in real property. The estate is unconditional, unlimited and perpetual. Each state has its own statutory and common law framework for estates in fee simple. For more information, see Practice Note: Real Estate… …   Law dictionary

  • fee simple — Typically, words fee simple standing alone create an absolute estate in devisee and such words followed by a condition or special limitation create a defeasible fee. Babb v. Rand, Me., 345 A.2d 496, 498. === Absolute. A fee simple absolute is an… …   Black's law dictionary

  • fee simple — Typically, words fee simple standing alone create an absolute estate in devisee and such words followed by a condition or special limitation create a defeasible fee. Babb v. Rand, Me., 345 A.2d 496, 498. === Absolute. A fee simple absolute is an… …   Black's law dictionary

  • fee simple subject to condition subsequent — noun A defeasible fee created with language reserving the right of the grantor to reclaim ownership of the land upon the occurrence of a specified condition (e.g. if X event occurs, grantor reserves the right to reenter and retake ); upon… …   Wiktionary

  • fee simple subject to executory interest — noun A defeasible fee created with clear durational language expressing a condition (e.g. so long as , until , while ) which causes ownership of a property to revest in a third party identified by the grantor if that condition comes about. Syn:… …   Wiktionary

  • fee simple subject to executory limitation — noun Alternate name for a fee simple subject to executory interest …   Wiktionary

  • fee simple — /fi ˈsɪmpəl/ (say fee simpuhl) noun Law (formerly) a freehold interest in land without any restrictions regarding the line of heirs to whom it may be willed. Compare fee tail …  

  • Fee Simple — ♦ An estate of inheritance in land without limitation to any class of heirs or restrictions on alienation; the most extensive interest in property recognized by the common law. (Hogue, Arthur R. Origins of the Common Law, 256) Related terms: Fief …   Medieval glossary

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