Ownership in fee simple is the highest form of real property ownership.
realty; real property; land; fee simple estate
yes
I am taking an online class for college in real estate, and the says, "the deed must contain words of conveyance. With these words the grantor: (1) clearly states that he is making a grant of real property to the grantee, and (2) identifies the quantity of the estate being granted. Usually the estate is fee simple, but it may also be a lesser estate (such as a life estate) or an easement."
Wholesaling is putting a property under contract and assigning that contract to buyer for a fee.
Only by the death of the life estate holder or by their release of the life estate by deed to the fee owners.
what if the estate executor fee in arkansas
how do you figure estate executor fee in colorado
The fee to the property can be sold but only subject to the right of the life estate holder to the use and possession of the property.
Another name for an estate of inheritance is FEE SIMPLE. In contrast, a life estate is not an estate of inheritance because it does not pass to one's heirs at death.
Defeasible fee estate. See the related question link provided below.
Ownership in fee simple is the highest form of real property ownership.
They normally only charge a flat fee. Their services are the same no matter the prices things sell for.
No. A life estate includes the right the use and possession of the property for life. Only the fee owner can sell the property or rights therein.
The fee is set by state law.
Generally: Yes. Paying their own fee from the estate, as well as distribution, must be done before the estate is closed. The executor's fee is set by law and will appear in the final account. As long as the fee is properly assessed and listed in the final account, the court will approve the final account and at that time the estate is closed. All the executor's duties must be completed before the estate can be closed.Generally: Yes. Paying their own fee from the estate, as well as distribution, must be done before the estate is closed. The executor's fee is set by law and will appear in the final account. As long as the fee is properly assessed and listed in the final account, the court will approve the final account and at that time the estate is closed. All the executor's duties must be completed before the estate can be closed.Generally: Yes. Paying their own fee from the estate, as well as distribution, must be done before the estate is closed. The executor's fee is set by law and will appear in the final account. As long as the fee is properly assessed and listed in the final account, the court will approve the final account and at that time the estate is closed. All the executor's duties must be completed before the estate can be closed.Generally: Yes. Paying their own fee from the estate, as well as distribution, must be done before the estate is closed. The executor's fee is set by law and will appear in the final account. As long as the fee is properly assessed and listed in the final account, the court will approve the final account and at that time the estate is closed. All the executor's duties must be completed before the estate can be closed.
Fee Simple