Definition from Nolo’s Plain-English Law Dictionary
1) Absolute title in land. It often appears in deeds which transfer title as "Mary Jo Stone grants to Howard Takitall in fee . . ." The word "fee" can be modified to show that the title was "conditional" on some occurrence or could be terminated ("determinable") upon a future event. 2) A charge for services.
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:16 pm