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How a Fee Simple Defeasible Estate Works A man comparing different types of real estate ownership. A fee simple defeasible estate gives ownership with conditions, and if these are violated, the ...
Fee simple absolute ownership gives full control over a property, allowing the owner to use, sell, lease, or transfer it ...
The daughter’s spouse appealed. The court of appeals described the difference between a determinable estate and a life estate: A “fee simple absolute” is an estate over which the owner has ...
Fee simple absolute is a type of property ownership that grants the owner full rights to use, sell, lease, or transfer the property without restrictions. It remains in effect indefinitely unless ...