Setting the Record Straight on Fee Simple
fee simple. 121 122 2. Appraisal Industry Definition 123 The current definition in The Dictionary of Real Estate Appraisal defines fee simple estate as, 124 Absolute ownership unencumbered by any other interest or estate, subject125 only to 126 the limitations imposed by the governmental powers of taxation, eminent domain, 127 police power, and ... ................
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