A fee simple defeasible estate is a type of property ownership in which the owner holds title to the property with specific conditions or limitations. Fee simple defeasible estates are common in real ...
Fee simple is a term used in real estate to describe when an owner has complete legal ownership over a designated area of land and all properties that sit on that land. This is the highest form of ...
In real estate transactions, a property deed contains key provisions that define ownership rights. One such provision, the habendum clause, specifies the extent of ownership being transferred, ...