A "fee simple" is a type of property ownership that gives the owner complete control over the land and any structures on it. This means the owner can sell, lease, or pass the property to heirs without restrictions. It is the most common form of property ownership in the United States. In a fee simple arrangement, the owner holds the title indefinitely, as long as they comply with local laws and regulations. This ownership can be subject to certain conditions, but generally, it provides the highest level of ownership rights compared to other types, such as leasehold or life estate.