Fee Ownership


Definition of "Fee ownership"

Michael Severin
Michael Severin RE/MAX Results

Largest form of owner ship giving the owner complete control including the development off an inheritable estate.

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

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

 

Popular Real Estate Terms

Girder

Main structural support beam. A girder is made of steel, reinforced concrete, or timber. It is designed to support loads at different points along its ...

Mezzanine

Balcony or low ceiling overhang just above the main floor and between the next story. In a theater, a mezzanine is the first balcony above the stage. ...

Usury Laws

State laws limiting the interest rate that can be charged to individuals borrowing money in that state. These laws affect all lenders in a state regar ...

Delinquency

Being behind in a payment on a tax or debt when due (on the due date of payment or before the grace period). ...

Installment Note

Obligation requiring payments of interest and principal at periodic dates, usually monthly. Interest equals the balance of the loan at the beginning o ...

Condominium

Ownership of a divided interest, i.e., a home ownership arrangement in which the owner has title to a housing unit within a structure, and a proportio ...

Popular Real Estate FAQ

What Are Comparables Or Comps?

Recently sold properties that are similar in size, location, and amenities to the home for sale. These properties help an appraiser determine the fair ...

Who Is A Subagent?

A subagent is an agent who works with you to purchase a house but is paid by the seller. ...

What Is Zoning?

Zoning is the laws that establish how a property can be used and what codes must be followed when erecting new buildings. ...

What Is An APR And What Does It Include?

An APR stands for an ANNUAL PERCENTAGE RATE. This rate includes the costs of any points paid, mortgage insurance, and other costs. ...

What Is PITI And What Does It Stand For?

PITI is the total monthly payment you make on a house-Principal, Interest, Taxes, and Insurance. ...

What Is A Proprietary Lease?

A proprietary lease is lease used for co-ops that give the shareowners the right to live in a particular unit. ...

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

10 Real Estate Tips for Homebuyers What is Hazard Insurance? The Solar Panel Trap: When Renewable Energy Messes up Real Estate What is the Best Time of Year to Buy a Home? What is Escrow and how does it Work?

FAQ

What is a maintenance fee? I need Hospital Insurance in addition to my current health insurance policy? What are comparables or comps? What do I need to know about Term Life Insurance? How Much Can I Afford ?