Fee simple ownership applies to both residential and commercial properties, making it the most common form of real estate ownership in the United States. Owner rights are subject only to local ...

Fee simple defeasible estates are common in real estate transactions where property use is intended for a specific purpose, such as maintaining land for conservation, religious institutions or ...

Even in the event of the owner’s death, heirs inherit the property without restrictions, making it a preferred form of ownership for long-term real estate investments. Fee simple absolute ...