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fee simple Line breaks: fee sim¦ple
Pronunciation: /fiːˈsɪmp(ə)l/

Definition of fee simple in English:

noun (plural fees simple)

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.
Example sentences
  • 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?
  • An estate in property includes a freehold estate (a fee simple or life estate) and a leasehold estate.
Definition of fee simple in:
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