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Fee simple and leasehold are two important types of property ownership. Fee simple gives full ownership rights, while leasehold comes with more restrictions, similar to a rental agreement.
Fee simple absolute ownership gives full control over a property, allowing the owner to use, sell, lease, or transfer it freely. Unlike leasehold or life estate ownership, it does not come with ...
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 ...