The owner of a fee simple absolute and his heirs (as determined by the relevant Intestacy Act), successors (someone who has legally stepped into the shoes of the owner), and assigns (someone who is assigned the right to the property) may remain in possession forever. ![]() The fee simple absolute is the highest possible estate one can own. A fee simple interest is created with, for example, the following: “to John and his heirs.” A fee simple, also referred to as fee simple absolute, is an estate over which the owner has unlimited power of disposition in perpetuity without any conditions or limitations.
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