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A fee simple-surface estate only is a type of property ownership where the owner holds the rights to the surface land but not the subsurface rights, such as minerals or oil. This arrangement allows the landowner to use and develop the surface while the subsurface rights can be owned or leased separately by another party. It is commonly used in real estate transactions where mineral rights are separated from surface rights. This type of ownership can impact land use and value significantly.
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What type of real estate ownership is the most all-inclusive?
Ownership in fee simple is the highest form of real property ownership.
What is Synonym for real estate?
realty; real property; land; fee simple estate
Do you need a real estate license to find a rental for someone for a fee?
yes
Can a document convey fee title to land even though it does not contain the word deed?
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."
What is real estate wholesaling?
Wholesaling is putting a property under contract and assigning that contract to buyer for a fee.
Life estate voided?
Only by the death of the life estate holder or by their release of the life estate by deed to the fee owners.
What is the estate executor fee in Arkansas?
what if the estate executor fee in arkansas
What is the fee an executor of an estate receives in Colorado?
how do you figure estate executor fee in colorado
Can property in a life estate be sold to an outsider?
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.
What is another name for estate of inheritance?
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.
A qualified fee simple estate is an example of a?
Defeasible fee estate. See the related question link provided below.
What type of real estate ownership is the most all-inclusive?
Ownership in fee simple is the highest form of real property ownership.
Do auctioneers charge a percentage or flat fee when you hire them for an estate auction?
They normally only charge a flat fee. Their services are the same no matter the prices things sell for.
Does life estate automatically bequeath mineral rights to real estate?
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.
What is the fee paid to the executrix of an estate usually?
The fee is set by state law.
Can a executor get paid their fee if the estate is not approved but its 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.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.
What is the highest estate of absolute right in real estate is called?
Fee Simple
