A man comparing different types of real estate ownership. A fee simple defeasible estate gives ownership with conditions, and if these are violated, the property may return to the original owner ...

Fee simple absolute is a type of property ownership that grants the owner full rights to use, sell, lease, or transfer the property without restrictions. It remains in effect indefinitely unless ...

A fee simple defeasible estate is a type of property ownership in which the owner holds title to the property with specific conditions or limitations. Fee simple defeasible estates are common in ...