fee simple

  the bundle of rights which are inherent in ownership without any limitation or restrictions other than those provided by law, annotated on the title, or stipulated by contract. the bundle of rights includes the right to possess, to use, to dispose, to the fruits, and to recover.

Type of ownership is the maximum interest a person can have in a piece of real estate. It entitles the owner to use the property in any manner they see fit, in accordance with state and local laws

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