The system of real property ownership in the United States stems from the English common law where the highest possible interest in real property ownership is the fee simple interest. There are other ...
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 ...
Joint tenancy is a type of shared property ownership. In a joint tenancy agreement, two or more people share an equal amount of ownership in the home. There are no limits to who can own the property ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South ...
Doretha Clemons, Ph.D., MBA, PMP, has been a corporate IT executive and professor for 34 years. She is an adjunct professor at Connecticut State Colleges & Universities, Maryville University, and ...
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 ...
Property owners have several distinct advantages when holding title as sole owners. Property in one individual's name gives that individual sole discretion over when to sell the property, what to do ...
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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