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. .” It gives someone ownership of a home or structure on the property, but someone else owns the land itself. The leaseholder pays the fee simple owner to use the land for a set period. Fee simple.
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