A fee simple is a property interest that gives a person the right to use property only for his own lifetime or for a time that is measured by the lifetime of somebody else.

Question

Quizplus · Accepted Answer

A fee simple is a property interest that gives a person the right to use and dispose of the property without any time limitations or restrictions, and it can be passed on to their heirs after their death. It is the highest form of ownership interest in real property.

A Fee Simple Is a Property Interest That Gives a Person