Fee simple owner definition
Fee simple owner means the same as that term is defined in Section 57-12-13.
Fee simple owner means the same as that term is defined in Section 57-12-13. [(1)] (2) A political subdivision of the state that seeks to acquire property by eminent
Fee simple owner or "fee owner" means the person who owns the fee simple title to land that is leased, including a life tenant with a remainder over, vested or contingent, and a holder of a defeasible estate, and the holder's heirs, successors, legal representatives, and assigns.