![]() ![]() In a fee simple absolute estate ownership cannot be defeated by the previous owner or the previous owner's heirs however, it is not free from encumbrances. Sometimes it is designated simply as "fee" and is the most common way real estate is owned. ![]() The types of freehold estates you should know are:įee simple absolute is the greatest interest in a parcel of land that one can possibly own. In contrast, a less than freehold estate is held for a fixed, defined period. Hi this is Joe from PrepAgent, and today we are going to talk about freehold estates.Ī freehold estate is an estate in which you have exclusive rights to enjoy the possession of a property for an undefined length of time. ![]()
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