What is fee simple? Fee simple is a term that refers to real estate or land ownership. The owner of the property has full and irrevocable ownership of the land and any buildings on that land. He is free to do whatever he wishes on the land subject to local zoning ordinances.

What does it mean to hold title in fee simple?

With fee simple, you take full and complete ownership of a piece of land and any buildings that sit on it. ... Fee simple is the most common form of real estate ownership in the United States. It's also the highest form of ownership. This doesn't mean that owners can't lose their properties and land.

What does in fee simple mean in a deed?

An interest in land. Land owned in fee simple is owned completely, without any limitations or conditions. This type of unlimited estate is called absolute. A fee simple is generally created when a deed gives the land with no conditions, usually using the words like "to John Doe" or "to John Doe and his heirs".