fee simple Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “fee simple” in the English Dictionary

"fee simple" in Business English

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fee simplenoun [U]

uk   us   (also fee absolute) PROPERTY, LAW
the ​right to own a ​building or ​piece of ​land without ​timelimit: The ​vendor was ​granted the fee simple of the ​property.
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(Definition of fee simple from the Cambridge Business English Dictionary © Cambridge University Press)
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