Creation and Characteristic of Fee Simple
Rules requiring words of general inheritance to create fee simple by conveyance have been abolished by statute in the United States. To convey an estate in fee simple at common law, the deed or will must state "to B and his heirs." Anything short of those words transferred a smaller estate.
Modern deeds usually follow a standardized form. There is a presumption that the testator intends to convey his or her property in fee simple unless the will indicates an intention to transfer a smaller estate, such as a life estate.
Read more about this topic: Fee Simple
Famous quotes containing the words creation, fee and/or simple:
“Party action should follow, not precede the creation of a dominant popular sentiment.”
—J. Ellen Foster (18401910)
“I like to be in America!
OK by me in America!
Evrything free in America
For a small fee in America!”
—Stephen Sondheim (b. 1930)
“Generosity is a part of my character, and I therefore hasten to assure this Government that I will never make an allegation of dishonesty against it wherever a simple explanation of stupidity will suffice.”
—Lever Leslie, Baron (19051977)