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/Glossary/What is Fee Simple Ownership?

What is Fee Simple Ownership?

Fee Simple Ownership denotes absolute, unrestricted title to a property for an indefinite duration. It is often considered the most comprehensive form of rights, allowing the holder to lease, sell, or bequeath the asset at will, subject only to law or deed restrictions. This status contrasts with partial or conditional tenures that impose usage constraints or time-limited access.

Key Points

No Expiration

No fixed end date—ownership persists until divestment.

Broad Control

Holder can renovate or convey the item, except where basic legal rules apply.

Estate Foundation

Often associated with long-term generational transfers.

Comparisons

Less stringent than leaseholds, which expire or require renewals.

Fee Simple’s enduring nature and freedoms typically command strong buyer appeal, underscoring trust in the occupant’s ability to manage it over the long haul without abrupt forfeiture.

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