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Realestate2
Realestate
| Term | Definition |
|---|---|
| FEE SIMPLE ABSOLUTE | the largest, most complete bundle of rights one can hold in land DUPE |
| FEE QUALIFIED ESTATE includes 3 types | fee simple determinable , fee simple subject to condition subsequent, fee defeasible |
| DEED | a written instrument conveying owner interest in real property |
| GRANT | actual act of transferring ownership with a deed |