Fee simple - Revision history

Designing Buildings at 10:38, 18 January 2023

2023-01-18T10:38:14Z

← Older revision		Revision as of 10:38, 18 January 2023
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	Legislation introduced in 1925 abolished the concept of the heir, and introduced new statutory inheritance rules. While the idea of the ‘heirs general’ is now somewhat different, fee simple still provides that as long as the will of the previous owner makes provision for new person/s to take the land, then the estate can endure indefinitely.		Legislation introduced in 1925 abolished the concept of the heir, and introduced new statutory inheritance rules. While the idea of the ‘heirs general’ is now somewhat different, fee simple still provides that as long as the will of the previous owner makes provision for new person/s to take the land, then the estate can endure indefinitely.

−	= Related articles on Designing Buildings ~~Wiki~~ =	+	[https://www.gov.uk/guidance/1862-act-register#glossary HM Land Registry: 1862 Act Register, glossary], published on 7 November 2014 by HM Land Registry, defines fee simple as: ‘The best type of estate in land. The owner can sell, give away or bequeath it in a will as he wishes.’ Where estate in land is: ‘A kind of ownership in a piece of land which is determined by how long a person could own it. '
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		+	= Related articles on Designing Buildings =

	* Deed.		* Deed.

Designing Buildings at 06:56, 11 January 2021

2021-01-11T06:56:31Z

← Older revision		Revision as of 06:56, 11 January 2021
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	* Tenure.		* Tenure.

−	[[Category:Property_law]] [[Category:Property_development]]	+	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Property_law]] [[Category:Property_development]]

Designing Buildings at 07:12, 26 March 2020

2020-03-26T07:12:38Z

← Older revision		Revision as of 07:12, 26 March 2020
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	Legislation introduced in 1925 abolished the concept of the heir, and introduced new statutory inheritance rules. While the idea of the ‘heirs general’ is now somewhat different, fee simple still provides that as long as the will of the previous owner makes provision for new person/s to take the land, then the estate can endure indefinitely.		Legislation introduced in 1925 abolished the concept of the heir, and introduced new statutory inheritance rules. While the idea of the ‘heirs general’ is now somewhat different, fee simple still provides that as long as the will of the previous owner makes provision for new person/s to take the land, then the estate can endure indefinitely.

−	~~= Find out more =~~	+	= Related articles on Designing Buildings Wiki =
−		+
−	=== Related articles on Designing Buildings Wiki ===	+

	* Deed.		* Deed.

Designing Buildings at 12:45, 5 December 2016

2016-12-05T12:45:56Z

← Older revision		Revision as of 12:45, 5 December 2016
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−	~~Fee~~ simple ~~is the term used to~~ refer to an individual’s absolute ownership of land. It is the most complete ownership interest an individual can have in real property, and ~~therefore,~~ with a fee simple title, the owner has the right to possess, use or dispose of the land as they choose.	+	The term 'fee simple' refer to an individual’s absolute ownership of land. It is the most complete ownership interest an individual can have in real property, and with a fee simple title, the owner has the right to possess, use or dispose of the land as they choose.

−	The owner of a fee simple title is able to make ~~any~~ additions or alterations, subject to ~~council~~ bylaws and consent requirements. They are also able to sell, gift, or lease the land to others, and to make provisions for its ownership after their death. Restrictive covenants ~~are~~ also ~~capable of being~~ registered on the land by the owner.	+	The owner of a fee simple title is able to make additions or alterations, subject to bylaws and legal consent requirements. They are also able to sell, gift, or lease the land to others, and to make provisions for its ownership after their death. Restrictive covenants can also be registered on the land by the owner.

−	The term is derived from ‘fee’ which denotes an inheritable interest in land, and ‘simple’ which denotes the fact that, historically, the land could be inherited by ‘general heirs’, i.e. as long as there were heirs to inherit, the estate would last indefinitely.	+	The term is derived from the words ‘fee’, which denotes an inheritable interest in land, and ‘simple’, which denotes the fact that, historically, the land could be inherited by ‘general heirs’, i.e. as long as there were heirs to inherit, the estate would last indefinitely.

−	Legislation ~~passed~~ in 1925 abolished the ~~old~~ concept of the heir, and introduced new statutory inheritance rules. While the idea of the ‘heirs general’ is now somewhat different, ~~the~~ fee simple still ~~remains~~ that as long as the will of the previous owner makes provision for new person/s to take the land, then the estate can endure indefinitely.	+	Legislation introduced in 1925 abolished the concept of the heir, and introduced new statutory inheritance rules. While the idea of the ‘heirs general’ is now somewhat different, fee simple still provides that as long as the will of the previous owner makes provision for new person/s to take the land, then the estate can endure indefinitely.

	= Find out more =		= Find out more =

Editor: Created page with "Fee simple is the term used to refer to an individual’s absolute ownership of land. It is the most complete ownership interest an individual can have in real property, and ther..."

2016-11-24T14:33:25Z

Created page with "Fee simple is the term used to refer to an individual’s absolute ownership of land. It is the most complete ownership interest an individual can have in real property, and ther..."

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Fee simple is the term used to refer to an individual’s absolute ownership of land. It is the most complete ownership interest an individual can have in real property, and therefore, with a fee simple title, the owner has the right to possess, use or dispose of the land as they choose.

The owner of a fee simple title is able to make any additions or alterations, subject to council bylaws and consent requirements. They are also able to sell, gift, or lease the land to others, and to make provisions for its ownership after their death. Restrictive covenants are also capable of being registered on the land by the owner.

The term is derived from ‘fee’ which denotes an inheritable interest in land, and ‘simple’ which denotes the fact that, historically, the land could be inherited by ‘general heirs’, i.e. as long as there were heirs to inherit, the estate would last indefinitely.

Legislation passed in 1925 abolished the old concept of the heir, and introduced new statutory inheritance rules. While the idea of the ‘heirs general’ is now somewhat different, the fee simple still remains that as long as the will of the previous owner makes provision for new person/s to take the land, then the estate can endure indefinitely.

= Find out more =

=== Related articles on Designing Buildings Wiki ===

* Deed.
* Freehold.
* Glossary of property law terms.
* Law of Property Act 1925 Receiver.
* Legal and equitable assignment.
* Mortgage.
* Restrictive covenants.
* Tenure.

[[Category:Property_law]] [[Category:Property_development]]