Fee Simple Estate


Definition of "Fee simple estate"

Monica Johnson &<br> David Raglin<br> Johnson Raglin Real Estate Group
  Keller Williams Realty

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.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Master Deed

Filed by a condominium developer or converter for the purpose of recording all of the individual con ...

Certified Historic Structure

See historic structure. ...

Decrement

The act or process of decreasing in size. The total amount of decrease. ...

Walkaway Risk

Risk involved when a potential buyer or seller of property decides not to buy or sell. For example ...

Nonconcurrency

Circumstance under which several insurance policies cover an insured's property against damage or de ...

Accidental Death Clause

in a life insurance policy, benefit in addition to the death benefit paid to the beneficiary, shoul ...

Related Real Estate FAQ

What Is A Wraparound Mortgage?

A wraparound mortgage is a new mortgage that includes the remaining balance on an old mortgage, plus ...

What Is Title Insurance?

Title insurance is insurance that protects the lender and buyer against any losses incurred from dis ...

What Is A Lock In?

A lock in guarantees a certain interest rate for a certain period of time. ...

What Does FSBO Mean?

FSBO means for sale by owner. ...

What Is A CD?

A CD, or Certificate of Deposit, is an investment usually made for a given period of time at a fixed ...

What Type Of Life Insurance Is Right For Me?

A life insurance policy can help enable your family to remain financially if you or your spouse shou ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

How to become a real estate agent What do Real Estate Attorneys do? When to Dispute Your Home Appraisal Foreclosure - The Pros and Cons of Buying 6 Reasons you are not selling properties

FAQ

Should I Consolidate My Debt? What is Loan Amortization? What is a lease purchase mortgage? What is a principal? What is comprehensive homeowners insurance?