FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/R7y4MfRVjPqdQsxJpyGbD67
Label Fee Simple Absolute
Preferred Label Freehold Interest
Identifier N/A
Alternative Labels
Freehold Estate

Definition

Fee Simple Absolute is the highest form of ownership interest one can acquire in real estate, granting the holder complete and unrestricted rights to the property. This ownership is inheritable and free of any conditions or limitations beyond standard government-imposed restrictions like zoning and taxes

Class Relationships

Sub Class Of

Is Defined By

N/A

See Also

None

Class Hierarchy Visualization

Interactive graph showing class relationships - click on any node to navigate to that class

Additional Information

Metadata

Comment

None

Description

None

Notes

  • None

Editorial Information

History Note

None

Editorial Note

None

Deprecated

No

Source and Origin

No source or origin information available