Fee Simple vs. Leasehold: Two Very Different Types of Ownership
Redfin
AUGUST 19, 2022
It’s a legal term that means the property owner owns the land and any structures on the land, including the home. Fee simple owners can build equity over time. It gives someone ownership of a home or structure on the property, but someone else owns the land itself. Someone submits an offer, and the owner accepts.
Let's personalize your content