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 ...
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 ...
Fee simple is a term used in real estate to describe when an owner has complete legal ownership over a designated area of land and all properties that sit on that land. This is the highest form of ...
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 ...
There are many ways to own, occupy, possess, and make use of real property, each of which is referred to as an “interest” in real property. But before we get there, let’s define some terms. “Real” ...
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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