A permanent and absolute tenure in land with freedom to dispose of it at will, especially (in full fee simple absolute in possession) a freehold tenure, which is the main type of land ownership.
〔律〕(所有人可随意处理的)地产的永久和绝对所有权,非限嗣继承地产所有权(尤指作为土地主要拥有形式的终身保有权,全称为fee simple absolute in possession)
Example sentencesExamples
This confers a legal interest on the mortgagee and thus may be granted only by a mortgagor who has a legal estate in the land: either the fee simple or a lease.
A person is not entitled to dispose of the fee simple if he needs the consent of others to dispose of it and has not got it.
We are in furious agreement that it is a full fee simple, but what price would it fetch on the open market and what terms must one attribute to the hypothetical sale?
One of the things that happens when you get a fee simple is that you can dispose of a fee simple.
An estate in property includes a freehold estate (a fee simple or life estate) and a leasehold estate.
Definition of fee simple in US English:
fee simple
nounˈfē ˈˌsimpəl
Law
A permanent and absolute tenure of an estate in land with freedom to dispose of it at will, especially (in full fee simple absolute) a freehold tenure, which is the main type of land ownership.
〔律〕(所有人可随意处理的)地产的永久和绝对所有权,非限嗣继承地产所有权(尤指作为土地主要拥有形式的终身保有权,全称为fee simple absolute in possession)
Example sentencesExamples
A person is not entitled to dispose of the fee simple if he needs the consent of others to dispose of it and has not got it.
An estate in property includes a freehold estate (a fee simple or life estate) and a leasehold estate.
One of the things that happens when you get a fee simple is that you can dispose of a fee simple.
We are in furious agreement that it is a full fee simple, but what price would it fetch on the open market and what terms must one attribute to the hypothetical sale?
This confers a legal interest on the mortgagee and thus may be granted only by a mortgagor who has a legal estate in the land: either the fee simple or a lease.