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fee simple

 - 5 dictionary results

fee simple

–noun
See under fee (def. 4a).

Origin:
1425–75; late ME < AF

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.
a. an estate of inheritance in land, either absolute and without limitation to any particular class of heirs(fee simple) or limited to a particular class of heirs (fee tail).
b. an inheritable estate in land held of a feudal lord on condition of the performing of certain services.
c. a territory held in fee.
5. a gratuity; tip.
–verb (used with object)
6. to give a fee to.
7. Chiefly Scot. to hire; employ.

Origin:
1250–1300; ME < AF; OF fie, var. of fief fief. See feudal


feeless, adjective


1. stipend, salary, emolument; honorarium.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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fee simple  
n.   pl. fees simple
  1. An estate in land of which the inheritor has unqualified ownership and power of disposition.

  2. Private ownership of real estate in which the owner has the right to control, use, and transfer the property at will.

The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Legal Dictionary

Main Entry: fee
Function: noun
Etymology: Middle English, fief, from Old French fief, ultimately from a Germanic word akin to Old High German fehu cattle
1 : an inheritable freehold estate in real property; especially : FEE SIMPLE —compare LEASEHOLD life estate at ESTATE
absolute fee
: a fee granted with no restrictions or limitations on alienability : FEE SIMPLE ABSOLUTE at, FEE SIMPLE
conditional fee
: a fee that is subject to a condition: as a : FEE SIMPLE CONDITIONAL at, FEE SIMPLE b : FEE SIMPLE ON CONDITION SUBSEQUENT at, FEE SIMPLE
defeasible fee
: a fee that is subject to terminating or being terminated
determinable fee
: a defeasible fee that terminates automatically upon the occurrence of a specified event : FEE SIMPLE DETERMINABLE at, FEE SIMPLE
fee patent
: a fee simple absolute that is granted by a patent from the U.S. government; also : a patent that grants a fee simple absolute fee patent had never been issued —U.S. Code>
NOTE: Allotments of parcels of land in reservations are held in private ownership by fee patents.
fee tail
: a fee which is granted to an individual and to that individual's descendants, which is subject to a reversion or a remainder if a tenant in tail dies with no lineal descendants, and which is not freely alienable —see also ENTAIL De Donis Conditionalibus in the IMPORTANT LAWS section —compare fee simple conditional at FEE SIMPLE
NOTE: The fee tail developed out of the fee simple conditional as a means to ensure that property would remain intact and in the family. Instead of giving the grantee a fee simple absolute once he or she has a child, which the grantee could then alienate (as by selling), the fee tail creates a future interest in the descendants which prevents the grantee and the descendants from alienating the property. A fee tail is created by a conveyance to the grantee and to the heirs of the grantee's body. In most jurisdictions, the fee tail is not recognized.
2 : a fixed amount or percentage charged; especially : a sum paid or charged for a service fees>
contingency fee
: a fee for the services of a lawyer paid upon successful completion of the services and usually calculated as a percentage of the gain obtained for the client called also contingency contingent fee —compare CHAMPERTY, MAINTENANCE
fil·ing fee
: a fee charged for the filing of a document
NOTE: Filing fees are ordinarily charged in civil matters with the filing of the complaint.
jury fee
: a fee that is assessed in some courts as part of the cost of a civil jury trial
orig·i·na·tion fee
: a fee charged by a lender for the preparation and processing of a loan—in fee : under title that creates a fee

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) in fee simple —National Law Journal>
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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