fee simple


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  • noun

Words related to fee simple

a fee without limitation to any class of heirs

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References in periodicals archive ?
There are plenty of comparable properties at market rents, so you are comfortable estimating the fee simple value as a starting point.
A recent lease often is the best indicator of market participant actions and fee simple value.
The fee simple valuation, by definition, demands that we throw out the lease.
25 acres of its property in fee simple to the city for the construction of a water tower.
On behalf of Metropolitan, Carlton arranged the sale of 292 Madison Avenue's fee simple interest to a major REIT for $70 million and simultaneously arranged a 10-year, fixed rate leasehold mortgage for $60 million.
The loans are evidenced by six promissory notes and secured by one or more mortgages, deeds of trust, or other security instruments creating a first lien on the borrower's fee simple or leasehold estate in one or more properties.
The existing members of The Shores Condominium Ownership Association will enjoy a fee simple ownership interest in the new resort.
Michaels announced that Carlton has arranged the approximate $500 million sale of the fee simple interests on two Manhattan trophies, the Lipstick Building and 292 Madison Avenue.
Fisher, PhD, present a technique for valuing a leased fee interest that adjusts the fee simple estate for income detriment or benefit associated with below-market rent, below-market occupancy and above-market rent.
The certificates evidence 100% of the beneficial ownership interest in a trust fund, which consists of 24 mortgage loans secured by either a first mortgage or deed of trust lien on the fee simple ownership interest in the land underlying manufactured home and/or recreational vehicle communities.
An estimated 530 saleable acres of residential land will be available for fee simple sale to homebuilders.
Numerous other factors contributed to the strong appeal of this portfolio, including the fee simple interests, the rebranding opportunities, the upside potential through renovations and the potential recapture of the management fee-income stream.
The two Nicaraguan corporations own the equivalent of fee simple title to the property and the right to harvest and export the timber.
According to the developer ofKST Investments, buyers who have had their own attorney review the documents for Shoreline have not reported any difficulties with them; a clear and unencumbered title is available at Shoreline and fee simple is the type of ownership being offered.
The 569-room hotel is situated on nine acres of fee simple real estate at the prime intersection of Wilshire and Santa Monica Boulevards.