![]() ![]() Private property land rights associated with fee simple ownership include the right to develop the land, the right to till the soil, the right to cut timber, the right to exploit subsurface minerals, and sometimes to use its water resources. The term not only conveys control over the three dimensions of property – across the surface and extending within the boundaries of the property upward and downward, but also conveys control of the property indefinitely into the future. The term is also used as ‘fee simple absolute’.įee simple ownership has both geographic and temporal dimensions. It is the most complete interest in real property someone can have. ![]() ‘‘Fee Simple Ownership’’ is a form of real property ownership in which a property owner unconditionally controls a specified piece of land, including all structures and rights to use the property. ![]()
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