fee

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Fee

A compensation paid for particular acts, services, or labor, generally those that are performed in the line of official duties or a particular profession. An interest in land; an estate of inheritance.

An estate is an interest in land, and a fee, in this sense, is the shortened version of the phrase fee simple. A fee simple is the greatest estate that an individual may have in the land because it is total ownership of the land including all structures attached thereto. It is complete ownership absent all conditions, limitations, or restrictions upon alienation, which is its sale or transfer to another.

fee

n. 1) absolute title in land, from old French, fief, for "payment," since lands were originally given by lords to those who served them. It often appears in deeds which transfer title as "Mary Jo Rock grants to Howard Takitall in fee..." or similar phraseology. The word "fee" can be modified to show that the title was "conditional" on some occurrence or could be terminated ("determinable") upon a future event.. 2) a charge for services. (See: fee simple)

fee

(Charge), noun charge for services, compensation, compensation for labor, compensation for professional service, consideration, cost, disbursement, dues, exactment, expenditure, expense, fare, fixed charge, merces, payment, price, recompense, reward, toll, wage
Associated concepts: attorney's fee, counsel fees, reasonnble fee, splitting a fee

fee

(Estate), noun absolute inheritance, absolute interrst in realty, corporal hereditament, feod, feud, fief, hereditament, holding, interest, land, landed estate, landed property, lands, legal estate, property, real estate, real property, realty, right of possession, title, unconditional inheritance, unlimited inheritance, unrestricted inheritance, vested interest in land
Associated concepts: absolute fee, base fee, conditional fee, contingent fee, defeasible estate, determinable fee, fee simple, fee tail, limited fee, qualified fee
Foreign phrases: Feodum est quod quis tenet ex quaaunque causa sive sit tenementum sive redditus.A fee is that which any one holds from whatever cause, whether it be tenement or rent.
See also: advance, brokerage, charge, compensation, cost, due, excise, expense, fare, honorarium, pay, payment, pension, perquisite, price, rate, real estate, recompense, remittance, rent, reward, tax, toll, wage

fee

in English law an interest in land that was inheritable, but the term is now only relevant in the context of the phrase FEE SIMPLE ABSOLUTE IN POSSESSION. In Scots law, used to denote the full and unlimited right in capital or land that is otherwise subject to the personal servitude of a LIFE RENT.
References in periodicals archive ?
Instead of charging the usual fee, clients make a donation to a Will Aid charity.
Follow the example of Niamh Ni hArtghaile, pictured, and enter next year's event for pounds 27 instead of the usual fee of pounds 30.
The special price constitutes a 77 percent discount of AsiaDNS' usual fee for .
Sheila said: "People have been brilliant and the band, Icon, who will play on the night have agreed to waive their usual fee.
They waived their usual fee in return for 20p from every copy sold of the Swedish men's magazine Moore in whichthe interview appears going to their charity.
Cavanaugh, who has a private painting restoration practice, agreed to take on the project at about half the usual fee.
Harry Shaw Travel, which has been supplying fans with coaches for 40 years, waived the usual fee for use of a coach in return for a donation to the appeal.
And he is so convinced of the ex-MSP's innocence he is set to waive his usual fee to represent him, it was understood last night.
Organiser Nigel Burnham has told Dylan's management that if Bob confirmed he would play, he could match his usual fee by selling out the 100 capacity venue by charging pounds 700 a ticket
Mr Linehan said Williams knew he was carrying heroin that night last November because he had increased his usual fee knowing it was a larger consignment.
Physicians at Cedars-Sinai Medical Center donated their services to help Diego Diaz, and the hospital charged less than half its usual fee for the operation, performed Wednesday, said Dr.