What is Fee Simple?

Fee simple is full ownership in real property.  Owner has complete control over the property and ability to sell if desired.  Property is still subject to government taxes.

Hampton Roads Real-e-statement is written by Alyssa Godwin, a Realtor with Liz Moore and Associates. For questions regarding buying or selling contact Alyssa at 757-329-6161 or alyssagodwin@lizmoore.com. You can also find Alyssa on Facebook or on the web at www.lizmoore.com/alyssagodwin.