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Fee simple defeasible estates are common in real estate transactions where property use is intended for a specific purpose, ...
Fee simple ownership is the most complete and unrestricted type of property ownership recognized under real estate law. When someone holds a property in fee simple, they have full control over the ...
Even in the event of the owner’s death, heirs inherit the property without restrictions, making it a preferred form of ownership for long-term real estate investments. Fee simple absolute ...