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Fee simple - 4 dictionary results
fee
[fee] 
noun, verb, feed, fee⋅ing.–noun
| 1. | a charge or payment for professional services: a doctor's fee. |
| 2. | a sum paid or charged for a privilege: an admission fee. |
| 3. | a charge allowed by law for the service of a public officer. |
| 4. | Law.
|
| 5. | a gratuity; tip. |
–verb (used with object)
| 6. | to give a fee to. |
| 7. | Chiefly Scot. to hire; employ. |
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source
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Link To Fee simple
| fee simple n. pl. fees simple
|
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source
Main Entry: fee sim·ple
Function: noun
Inflected Form: plural fees simple
Etymology: simple without limitation (as to heirs) and unrestricted (as to transfer of ownership)
: a fee that is alienable (as by deed, will, or intestacy) and of potentially indefinite duration; especially : FEE SIMPLE ABSOLUTE in this entry
fee simple absolute
: a fee that is freely inheritable and alienable without any limitations or restrictions on transfers and that is of indefinite duration
NOTE: A fee simple absolute is conveyed by language granting the estate “to the grantee and his or her heirs,” “to the grantee, his heirs and assigns,” or “to the grantee.” The term heirs is considered in this context a word of limitation, and so this does not create a future interest in the estate in the heirs but simply makes the estate freely alienable.
fee simple conditional
: a fee granted to an individual and to that individual's descendants which is subject to a reversion or remainder if the grantee has no lineal descendants but which becomes a fee simple absolute and freely alienable upon the birth of a direct descendant —see also De Donis Conditionalibus in the IMPORTANT LAWS section —compare fee tail at FEE
NOTE: The fee simple conditional is not recognized in England or the United States except in South Carolina.
fee simple determinable
: a defeasible fee that automatically terminates upon the occurrence of a specified event or condition and which reverts to the grantor —compare estate on condition at ESTATE
NOTE: A fee simple determinable is conveyed by language which states that the estate automatically terminates and reverts to the grantor, and which expresses duration (“so long as,” “until,” “during the time that”).
fee simple on condition sub·se·quent
/-'s&b-si-kw&nt/
: a defeasible fee that may be terminated by the grantor or assigns upon the occurrence of an event called also fee simple subject to condition subsequent
NOTE: A fee simple on condition subsequent is conveyed by language that creates a right of entry or power of termination in the grantor and that expresses condition (“on condition that,” “provided that”).—in fee simple : under title that creates a fee simple (as a fee simple absolute)
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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