A term used to describe the most complete ownership that a person can have over a property

Fee simple is the most common type of ownership that allows you to have unlimited control over a property - most homes are held in fee simple. You can find this term written on the deed to your home. A property held in fee simple, unlike other types of ownership, can be included in a will for someone to inherit. Fee simple is also called an estate of inheritance or estate in fee.

See: Estate