Fee Simple

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Related to Fee title: fee simple, Fee simple estate

Fee Simple

The greatest possible estate in land, wherein the owner has the right to use it, exclusively possess it, commit waste upon it, dispose of it by deed or will, and take its fruits. A fee simple represents absolute ownership of land, and therefore the owner may do whatever he or she chooses with the land. If an owner of a fee simple dies intestate, the land will descend to the heirs.

The term fee used independently is an adequate designation of this type of estate in land. The term simple is added to distinguish clearly this estate from other interests in real property.

fee simple

n. absolute title to land, free of any other claims against the title, which one can sell or pass to another by will or inheritance. This is a redundant form of "fee," but is used to show the fee (absolute title) is not a "conditional fee," or "determinable fee," or "fee tail." Like "fee" it is often used in deeds transferring title as in "Harry Hadit grants to Robert Gotit title in fee simple..." or similar words. (See: fee)

References in periodicals archive ?
The loan was secured by the fee title on the property in Montreal, Quebec.
Negotiations are underway to acquire either a conservation easement or fee title for an additional 20 acres (8 ha) of land to protect other sensitive habitat.
Purpose and Justification: This component of the County%s Land Conservation Vision is designed to primarily protect water quality and wildlife habitat and to make sure these multi-purpose corridors are preserved by acquiring conservation easements on private lands, assisting other public entities such as the Minnesota Department of Natural Resources or cities, or to acquire fee title of significant areas outside of the regional park and greenway system.
The most basic form of policy is the Fee Title Insurance Policy.
In California, the FWS has worked extensively with local landowners in cooperative partnerships to protect and manage wintering habitat on private land through fee title acquisition, easements, and voluntary programs.