![]() These examples are programmatically compiled from various online sources to illustrate current usage of the word 'fee simple.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. The buyer is given the title of the property, and has the right to sell. 2018 The grantor of the easement and all subsequent owners of the property retain full fee simple ownership of the land, but are bound by the terms of the deed of easement, which is recorded in the Land Records of the county. Under Fee Simple ownership, an owner has full possession of their property when bought. 2021 The fundamental fee simple right to lease property does not specify a minimum duration of that lease. Virginia Hammerle, Dallas News, The fee simple interest in the Lipstick building backs a $272m single-asset/single-borrower CMBS deal, CSMC 2017-LSTK, which has been in special servicing since June, according to Trepp. ![]() Recent Examples on the Web That is quite different from a determinable fee simple with an executory interest.
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