![]() Absoluteįee simple absolute means that no limitations at all. While a fee simple allows the grantee's heirs to inherit the estate, no legally recognizable interest is granted to them. The words "and his heirs" in a conveyance are the words of limitation that create a fee simple. It allows the owner of the estate to keep the land forever or to devise it to someone else to keep forever. There are four natures that possessory estates have:Ī fee simple estate is the most common type. Possessory estate is the right to possess a piece of property now.
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