Fee Simple Estate

Business, Legal & Accounting Glossary

Definition: Fee Simple Estate


Fee Simple Estate


Full Definition of Fee Simple Estate


Highest form of ownership in a piece of land. It represents absolute and unqualified rights of property possession, use, disposition, transfer, and sale, unencumbered by any other interest or estate. Of perpetual duration, it is subject only to the government limitations namely eminent domain, escheat, police power, and taxation.


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https://payrollheaven.com/define/fee-simple-estate/
Modern Language Association (MLA):
Fee Simple Estate. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 29, 2024 https://payrollheaven.com/define/fee-simple-estate/.
Chicago Manual of Style (CMS):
Fee Simple Estate. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/fee-simple-estate/ (accessed: March 29, 2024).
American Psychological Association (APA):
Fee Simple Estate. PayrollHeaven.com. Retrieved March 29, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/fee-simple-estate/

Definition Sources


Definitions for Fee Simple Estate are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.