Share this entry

Share this page

fee simple

Syllabification: fee sim·ple

Definition of fee simple in English:

noun (plural fees simple)

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.
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:

Share this entry

Share this page

 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Get more from Oxford Dictionaries

Subscribe to remove ads and access premium resources

Word of the day jaunt
Pronunciation: jônt
noun
a short excursion or journey for pleasure