Từ vựng:

FEESIMPLE

Giải nghĩa:

/fiː-ˈsɪmpəl/ – noun


Definition: quyền sở hữu vô điều kiện, quyền sở hữu vô hạn.

A more throughout explanation: Fee simple is a legal term used in real estate law to describe absolute ownership of property. It is the highest form of ownership interest one can have in real property, giving the owner full and complete ownership rights, including the right to possess, use, and dispose of the property as they see fit, subject only to applicable laws and regulations. Fee simple ownership is typically indefinite and can be passed on to heirs upon the owner’s death.

Example: The property owner held fee-simple title to the land, granting them full ownership rights and privileges.

 

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