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Fee simple absolute and conditional

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Such fees are fee simple because they have the potential to continue indefinitely. Fee Simple DeterminableĪ fee simple determinable is a fee simple that ends upon the occurrence of a pre-determined event.

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Under modern law, no magic words are required. Historically, in order to transfer fee simple title, a grantor’s deed had to contain magic words that indicated that the conveyance was being made to the grantee and his or her heirs. In other words, when a person owns property in fee simple, there are no limitations on his or her right to possess, use, sell or pass the property on to his or her descendants through a will or a trust the owner of a fee simple estate owns the whole bundle of rights. Fee simple is the type of ownership that embraces every interest in a property.

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