Fee simple absolute in possession

Fee simple absolute in possession,

Definition of Fee simple absolute in possession:

  1. Highest form of legal estate in freehold land denoting complete ownership. Fee simple means ownership that will not end with the death of the present owner but will descend to his or her heirs. Absolute means that owners rights of ownership are not limited by any condition. And in possession signifies immediacy of those rights. Also called by its short form fee simple..

Meaning of Fee simple absolute in possession & Fee simple absolute in possession Definition