What's Fee Simple Law?

Land owned in fee simple is owned completely, without any limitations or conditions. This type of unlimited estate is called absolute. A fee simple is generally created when a deed gives the land with no conditions, usually using the words like "to John Doe" or "to John Doe and his heirs".

What does a fee simple title mean?

With fee simple, you take full and complete ownership of a piece of land and any buildings that sit on it. ... Fee simple is the most common form of real estate ownership in the United States. It's also the highest form of ownership. This doesn't mean that owners can't lose their properties and land.

What does fee simple mean on a property?

If you have fee simple ownership, it means the property is yours to do with as you wish. Your only obligations are to obey the law (including zoning laws and building codes) and pay your taxes and debts.