A 'fee simple' is real property held without limit of time (i.e., permanently) under common law, whereas the highest possible form of ownership is a 'fee simple absolute,' which is without limitations on the land's use (such as qualifiers or conditions that disallow certain uses of the land or subject the vested interest to termination).
A 'fee' is a vested, inheritable, present possessory interest in land. In English law, a fee simple or fee simple absolute is an estate in land, a form of freehold ownership.
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