- Published on
Legal Terms - Fee
Itis a legal estate (not leasehold) in land that can be inherited. Since the Law of Property Act 1925, the term has only current use in the phrase *fee simple absolute in possession. Other estates that were previously fee-based have been converted to equitable interests.
Itis a legal estate (not leasehold) in land that can be inherited. Since the Law of Property Act 1925, the term has only current use in the phrase *fee simple absolute in possession. Other estates that were previously fee-based have been converted to equitable interests.
0 Comments