Understanding the different types of ownership in real estate is essential for anyone buying, selling, or investing in property. The way a property is owned affects legal rights, tax implications, and ...

(This article was published on April 1, 2024. For a regularly updated version of this resource, covering all 50 states, see State Laws Restricting Foreign Ownership of Real Estate on Practical Law.) ...

Fee simple absolute is a type of property ownership that grants the owner full rights to use, sell, lease, or transfer the property without restrictions. It remains in effect indefinitely unless ...