fee simple

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fee simple

An inheritable, possessory interest in land which may endure until the death of all lineal and collateral heirs of the first owner and which may be freely conveyed by its owner.
References in periodicals archive ?
Nestled in the heart of downtown Honolulu's financial district, Harbor Court has sat patiently during the last four years while the city and the building's owners negotiated the purchase of the fee-simple interest land the high-rise sits on.
In their reaction to the excesses of our fee-simple property-rights system and our clumsy attempts to protect the public interest through police power, economic intervention, and public land reservations, I expect they will opt for a model that again resembles feudalism.
After several years of going through the court system, the hotel is now being sold post-bankruptcy on a fee-simple basis.
5 million sale of the fee-simple interest in the Conrad Chicago Hotel to DiamondRock Hospitality.
100% of the fee-simple ownership in the Property is scheduled to be sold at auction on November 8, 2006 (or as otherwise ordered by the court) pursuant to a court order for the partition of real estate.
GLOUCESTER, MA: Sonnenblick Goldman, acting as the exclusive advisor to 21 Great Republic Drive, LLC, has arranged the sale/leaseback of the 100% fee-simple interest in 21-29 Great Republic Drive in Gloucester.