What is fee-simple?

Guest

Wanted to know about fee-simple. ?????

jerry · Posted: Wed Nov 16, 2005 3:24 am Post subject: RE:

Hi,

It is a private ownership of real estate property in which the owner has the right to use, control and transfer the property at will.

Thanks,
Jerry

Samantha · Posted: Wed Nov 16, 2005 3:33 am Post subject: RE:

Hi Erick,

Welcome to MortgageFit Forums,

Its an estate in which the owner has complete right to dispose of the property any time he or she wants and which can be left by will or inherited. It is the greatest interset a person can have on a real estate property.

God Bless You,

Thanks,
Samantha

Guest

WOW !! that was quick. Thanks for the answeres. I had asked this questions to many but i got my answere only here.

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