fee simple interest

Definition

The state of owning all the rights in a real estate parcel.

Use fee simple interest in a sentence

You should try and make sure that you have the fee simple interest on your side so that it is yours.

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There was a fee simple interest and that was interesting to me and I wondered how it worked and what it would do.

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We thought buying a condo with a fee simple interest was a great idea, because we would not have to deal with an association and could have freedom to maintaining our property; realizing our neighbors would have the same benefits made it seem less attractive.

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