What Is Fee Simple Defeasible?

By | November 30, 2023
What Is Fee Simple Defeasible?

In a real estate transaction, there are several ways to protect a seller’s interests — but not all of them carry the same legal weight. Fee simple is a legal term regarding property ownership. There are different types of fee simple ownership, one of which is fee simple defeasible. This category carries some very specific conditions surrounding the legal ownership of the property.