Definition of "Fee simple estate"

Margaret Mayer real estate agent
Margaret Mayer, Real Estate Agent Keller Williams Community Partners

Form of common law ownership of real property that permits disposition of property by its holder in any manner desired. Both the holder and the holder's heirs have use of property in perpetuity and have an insurable interest in the property.

Have a question or comment?
We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 
 

 

Popular Insurance Terms

Popular Insurance Questions