Absolute ownership unencumbered by any other interest or estate, subject only to government limitations. An estate under which the owner is entitled to unrestricted powers to dispose of the property, and which can be left by will or inherited.
Ownership where the owner owns the land now and for all time in the future, and the ownerâ€(tm)s rights are subject only restrictions by the government.
A freehold estate that provides the most legal rights and powers available. It constitutes the maximum legal ownership with the largest number of rights and privileges recognized by law.
Absolute ownership unencumbered by any other interest or estate, subject only to the limitations imposed by the governmental powers of taxation, eminent domain, police power and escheat.
The greatest interest that one can have in real property. An estate that is unqualified, of indefinite duration, freely transferable and inheritable.
An estate under which the owner is entitled to unrestricted powers to dispose of the property, and under which the property can be left by will or inherited. Commonly, a synonym for ownership.
The maximum possible estate or right of ownership of real property, continuing forever.
The greatest interest in a parcel of land that it is possible to own. Sometimes designated simply as "Fee."
A form or ownership, or holding title to real estate. It is the most complete form of title, having an unconditional and unlimited interest of perpetual duration.
The highest type of interest a person can have in land. Absolute ownership (subject to laws) with the right to dispose of or pass onto heirs at ownerâ€(tm)s sole discretion.
Absolute ownership unencumbered by an other interest or estate; subject only to the limitations of eminent domain, escheat, police power, and taxation.
The most complete form of ownership of real property; absolute ownership. Commonly used to to denote a property where the owner has undivided title to the land on which the property is situated.
complete or absolute ownership of a property.
Real estate ownership in which the owner is entitled to all the rights and privileges, and accountable for the responsibilities, incident to his property.
Also referred to as a Fee Simple, it is an estate of inheritance in real property where ownership continues for an indefinite period. It may be sold or inherited (willed).
An unconditional, unlimited estate of inheritance that represents the greatest estate and most extensive interest in land that can be enjoyed. It is of perpetual duration. When the real estate is in a condominium project, the unit owner is the exclusive owner only of the air space within his or her portion of the building (the unit) and is an owner in common with respect to the land and other common portions of the property.