base fee

noun
variants: or

base fee simple

Definition of base fee

  1. 1 :  a determinable fee; broadly :  a defeasible fee-simple estate (such as a conditional fee)

  2. 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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Origin and Etymology of base fee

3base


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