FEE SIMPLE


Meaning of FEE SIMPLE in English

The most extensive tenure allowed under the feudal system allowing the tenant to sell or convey by will or be transfer to a heir if the owner dies intestate . In modern law, almost all land is held in fee simple and this is as close as one can get to absolute ownership in common law.

Duhaime's Law English dictionary.      Английский юридический словарь Duhaime .