Fee Simple Defeasible Ownership The ownership remains in effect as long as certain conditions are met. For example, a property might be granted on the condition that it is used for a specific ...

Fee simple defeasible estates are common in real estate transactions where property use is intended for a specific purpose, such as maintaining land for conservation, religious institutions or ...

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 ...