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fee simple

The correct spelling is fee simple.

How to pronounce fee simple

noun

Say it like: Fee- si-mpl-e

The correct spelling is fee simple. The private ownership of property (real estate) in which the owner has the right to control, use, and transfer the property at will.

Usage Examples

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Definition

noun

  1. 1.The private ownership of property (real estate) in which the owner has the right to control, use, and transfer the property at will.

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