base fee


base fee
An interest in real property that has the potential to last forever, provided a specific contingency does not occur.

Dictionary from West's Encyclopedia of American Law. 2005.


base fee
An interest in real property that has the potential to last forever, provided a specific contingency does not occur.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

Look at other dictionaries:

  • Base fee — Base Base (b[=a]s), a. [OE. bass, F. bas, low, fr. LL. bassus thick, fat, short, humble; cf. L. Bassus, a proper name, and W. bas shallow. Cf. {Bass} a part in music.] 1. Of little, or less than the usual, height; of low growth; as, base shrubs.… …   The Collaborative International Dictionary of English

  • Base fee — In law, a base fee is a freehold estate of inheritance which is limited or qualified by the existence of certain conditions. In modern property law the commonest example of a base fee is an estate created by a tenant in tail, not in possession,… …   Wikipedia

  • base fee — noun or base fee simple Etymology: base (III) 1. : a determinable fee; broadly : a defeasible fee simple estate (as a conditional fee) 2. obsolet …   Useful english dictionary

  • base fee — An estate in real property which has the possibility of enduring forever but which may be determined and put to an end without the aid of a conveyance by some act or event circumscribing its continuance or extent. An estate limited to a person… …   Ballentine's law dictionary

  • base fee simple — noun see base fee …   Useful english dictionary

  • Base — (b[=a]s), a. [OE. bass, F. bas, low, fr. LL. bassus thick, fat, short, humble; cf. L. Bassus, a proper name, and W. bas shallow. Cf. {Bass} a part in music.] 1. Of little, or less than the usual, height; of low growth; as, base shrubs. [Archaic]… …   The Collaborative International Dictionary of English

  • Base metal — Base Base (b[=a]s), a. [OE. bass, F. bas, low, fr. LL. bassus thick, fat, short, humble; cf. L. Bassus, a proper name, and W. bas shallow. Cf. {Bass} a part in music.] 1. Of little, or less than the usual, height; of low growth; as, base shrubs.… …   The Collaborative International Dictionary of English

  • fee — n [Middle English, fief, from Old French fé fief, ultimately from a Germanic word akin to Old High German fehu cattle] 1: an inheritable freehold estate in real property; esp: fee simple compare leasehold; life estate at estate …   Law dictionary

  • Fee — (f[=e]), n. [OE. fe, feh, feoh, cattle, property, money, fief, AS. feoh cattle, property, money; the senses of property, money, arising from cattle being used in early times as a medium of exchange or payment, property chiefly consisting of… …   The Collaborative International Dictionary of English

  • Fee estate — Fee Fee (f[=e]), n. [OE. fe, feh, feoh, cattle, property, money, fief, AS. feoh cattle, property, money; the senses of property, money, arising from cattle being used in early times as a medium of exchange or payment, property chiefly consisting… …   The Collaborative International Dictionary of English


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