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Base fee |
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An interest in real property that has the potential to last forever, provided a specific contingency does not occur. For example, a grantee might be given an estate in blackacre, "provided the land is not used for illegal purposes." This type of fee is also known as a conditional, determinable, or qualified fee. BASE FEE, English law. A tenure in fee at the will of the lord. This was distinguished from socage free tenure. See Co. Litt. 1, 18. |
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The base fee is just under that of his major national competition, publicly held Muzak Holdings Ltd. 17 Charges December January Quantity Base Fee Quantity Base Fee <Blank> 39 $12,910. Charles Cartwright said the company's base fee will now be 3% of the $21 billion contract. |
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Base fee
