fee simple
- n a fee without limitation to any class of heirs; they can sell it or give it away
fee simple :
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- Chesapeake Lodging Trust Acquires Hyatt Santa Barbara
Chesapeake Lodging Trust and Hyatt Hotels Corporation announced today that the Trust has acquired the fee simple interest in the Hyatt Santa Barbara and two adjoining properties totaling 200 rooms from a Hyatt affiliate for $61.0 million, or approximately $305,000 per key.
June 27, 2013 - Business Wire via Yahoo! Finance