Nasdaq

How Does a Fee Simple Defeasible Estate Work in Real Estate?

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 real ...
Nasdaq

What Is a Fee Simple Absolute Ownership in Real Estate?

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 ...
AOL

Fee Simple vs. Leasehold: What You Need to Know

Owning real estate seems fairly straightforward. But depending on where the property is located, ownership can mean a few different things. While it's not common everywhere, some states are known to ...
JD Supra

Title Insurance Client Alert - Va. Ct. of Appeals Holds Grant of “Right of Way” Conveys Fee Simple, Not Easement

Although the term “right of way” is generally used to “describe a right belonging to a party to pass over land of another,” Ryder v. Petrea, 243 Va. 421, 423 (1992) (quoting Right of way, Black’s Law ...
JD Supra

Court of Appeals of Virginia Determines Will Creates Determinable Life Estate with a Contingent Fee Simple Subject to a Condition Precedent and no Remainder Interest

On Tuesday, in Brown v. Johnson, Record No. 0491-23-4 (Ct. App. Va. April 16, 2024), available here, the Court of Appeals of Virginia affirmed a decision from the Circuit Court of Fairfax County, ...