Fee Simple - Explained

Fee Simple - Explained

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Wayground Content

FREE Resource

The video tutorial explains the concept of fee simple, which is the transfer of maximum estate ownership under law. It covers two main categories: fee simple absolute, where the transfer is complete with no reserved rights or contingencies, and fee simple defeasible, where the transfer can be undone if certain conditions occur. An example is provided to illustrate fee simple defeasible, where land is transferred for use as a park, but reverts if used otherwise.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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