What is a distinguishing feature of a Fee Simple estate?

A Fee Simple estate is characterized by its unconditional and absolute ownership of property. This type of ownership is the highest form of estate in real property. It grants the owner full rights to the property, including the ability to sell, transfer, bequeath, or develop it as they see fit, without any restrictions or conditions placed upon the ownership. This feature distinguishes it from other types of estates, such as life estates or leasehold estates, which may have limitations on ownership duration or the manner in which the property can be used.

In a Fee Simple estate, the owner has the right to possess and enjoy the property indefinitely, which means there are no predetermined limits on how long the owner can hold the property. This sets it apart from other estates that may be contingent upon the occurrence of specific events or that have reversionary interests. These factors underscore the significance of having complete dominion over the property in a Fee Simple arrangement, making it a foundational concept in real estate law.