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Fee simple ownership means that the title owners are unrestricted in their ability to transfer property. If you’re a fee simple owner, you also have the right to possess the property. Most home buyers own property with fee simple ownership and the ownership rights are theoretically infinite.What is a fee simple deed?
A fee simple deed is a deed that transfers legal ownership of potentially infinite duration. Property so owned is fully transferable and inheritable. (dictionary of realestate terms) It comes from common law. In our early histroy, special words were required to create a fee simple such as "I grant Blackacre to X and his heirs forever .".