Legal Lingua: Fee simple explained

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The highest degree of ownership possible is referred to as FEE SIMPLE or FEE SIMPLE ABSOLUTE.
Characteristics of FEE SIMPLE are:
Limitless time period
Owners have freedom to transfer title
May be inherited

FEE SIMPLE is assumed when a grant does not indicate the extent of the interest conveyed, or being conveyed.

Buy the book California Estate Law Fifth Edition for more!

Legal Wiz

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