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 ...
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How Does a Fee Simple Defeasible Estate Work in Real Estate?
A fee simple defeasible estate is a type of property ownership in which the owner holds title to the property with specific ...
Owning real estate seems fairly straightforward. But depending on where the property is located, ownership can mean a few different things. While it's not common everywhere, some states are known to ...
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What Is a Habendum Clause and How Is It Used in Real Estate?
In real estate transactions, a property deed contains key provisions that define ownership rights. One such provision, the habendum clause, specifies the extent of ownership being transferred, ...
For many first-time homebuyers or newcomers to Hawaii, navigating real estate can be confusing—especially when it comes to the terms “leasehold” and “fee simple.” Real estate expert Kay Mukaigawa of ...
BNSF v. Chevron Midcontinent LP et al. asked whether a 1903 deed granted BNSF’s predecessor a strip of land in fee simple absolute or only an easement. The result: BNSF holds only an easement. There’s ...
Understanding fee simple ownership is important when buying, selling, or investing in real estate. It is a common and comprehensive form of property ownership, granting full control and rights, ...
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