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Từ vựng:

fee simple estate

Giải nghĩa:

/fi sɪmpəl ɪˈsteɪt/ – Phrase


Definition: Quyền sở hữu tối cao.

A more thorough explanation: an absolute (=without limit) interest in land which the owner is free to sell or transfer during his or her lifetime

Example: The company’s three largest tenants are associated with its fee simple estate in land located in New York City.