1/13/2024 0 Comments Fee simple fee absolute![]() For example, if a person owns a house in fee simple, they have the right to sell it or pass it on to their heirs. Traditionally, fee simple has two distinguishing features: first, the owner (‘tenant’ in fee simple) has the power to dispose of the fee simple, either inter vivos or by will second, on intestacy the fee simple descends, in the absence of lineal heirs, to collateral heirs. ![]() It is also known as fee simple absolute, estate in fee simple, tenancy in fee, exclusive ownership, feudum simplex, or fee. ![]() Fee-simple title refers to the broadest property interest allowed by law, which endures until the current holder dies without heirs.
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