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Fee simple. A holder of an estate in fee simple is entitled to all rights in the property. It is the highest type of interest in real estate recognized by law. The estate is of unlimited duration, and when the owner dies, the estate passes to the owners heirs.

Principal X <1 + (Rate X Time)>= Total Amount If we were to calculate for three years, well multiply the 8 percent rate by three, which gets us 24 percent or . 24: $100,000 X <1 + . 24>= $124,000.

Real Property Interest means the right, title and interest of the Owner Trustee acquired pursuant to the Deed and the Assignment of Beneficial Interest Reasonable Basis for a position shall exist if tax counsel may properly advise reporting such position on a tax return in accordance with Formal Opinion 85-352 issued

A possessory interest is the intent and right of a party to occupy or exercise control over a particular plot of land. This is the type of ownership most of us think about when we think about land ownership. There are three main types of possessory interests: fee simple absolute, life estate, and leasehold.

Property interest means the direct ownership of real property and includes any percentage of ownership less than total ownership.

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