base fee

noun

variants or base fee simple

1

: a determinable fee

broadly : a defeasible fee-simple estate (such as a conditional fee)

2

obsolete

a

: an estate held by a tenant at the will of the tenant's lord or superior

b

: the status of an estate conveyed by a tenant in tail out of possession as a fee simple without proper adherence to the relevant rules of law

Word History

Etymology

base entry 3

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