Fee Simple is a legal form of ownership.Â
Fee Simple is the most common form of real estate ownership.Â
Fee Simple ownership is absolute title to the Property free of any other claims against the Property Title. Â
Fee Simple ownership usually does not have a time limit and allows for re-conveyance at the discretion of the owner.
Fee Simple ownership is used to show that there are no conditions on the Property Title other than legal easements or other encumbrances specified on the Property Deed.