Ownership of Real Estate

February 8, 2012

We are talking about what it means when we have Fee Simple Title. In most cases, the estate or interest to be conveyed by the current owner to the buyer will be “Fee Simple.” The term “Fee Simple” has it’s origins in the English feudal system. The ownership rights of the tenant on the land during the feudal system were complex and in many cases conditional. At the end of the feudal system the fee (referring to the right of possession) added the term “simple” meaning there were no conditions attached to the right of possession of the owner or that the estate.

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Sandy Chin for Greater Seattle Real Estate

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