A 'fee simple' is real property held without limit of time (i.e., permanently) under common law, whereas the highest possible form of ownership is a 'fee simple absolute,' which is without limitations on the land's use (such as qualifiers or conditions that disallow certain uses of the land or subject the vested interest to termination). A 'fee' is a vested, inheritable, present possessory interest in land. In English law, a fee simple or fee simple absolute is an estate in land, a form of freehold ownership. JSTOR ( July 2010) ( Learn how and when to remove this template message).Unsourced material may be challenged and removed. Please help improve this article by adding citations to reliable sources. This article needs additional citations for verification.
