A fee simple absolute is the most complete and unrestricted form of property ownership, granting the owner full rights to the property, including the land and any structures or improvements on it. This type of ownership allows the property owner to possess, use, transfer, or sell the property without limitations, subject only to public or private restrictions, such as zoning regulations and easements. Fee simple absolute is the most common form of property ownership in the United States, providing the highest level of control and legal rights to the owner.
Related terms
- Deed
- Easements
- Freehold estate
- Leasehold estate
- Life estate
- Property rights
- Title
- Zoning
References
- Legal Information Institute (LII): “Fee Simple Absolute”
- Investopedia: “Fee Simple Definition”
- Realtor.com: “What Is Fee Simple? The Most Common Type of Property Ownership”
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