base fee

variants: or base fee simple

Definition of base fee 

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

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History and Etymology for base fee

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to reject or criticize sharply

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