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 ...

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 ...

In real estate transactions, a property deed contains key provisions that define ownership rights. One such provision, the habendum clause, specifies the extent of ownership being transferred, ...

BNSF v. Chevron Midcontinent LP et al. asked whether a 1903 deed granted BNSF’s predecessor a strip of land in fee simple absolute or only an easement. The result: BNSF holds only an easement. There’s ...

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 ...

For many first-time homebuyers or newcomers to Hawaii, navigating real estate can be confusing—especially when it comes to the terms “leasehold” and “fee simple.” Real estate expert Kay Mukaigawa of ...