How are these individual rights severed from the fee simple ...

[abern]

How are these individual rights severed from the fee simple estate? What impact does severing the rights have on the fee simple estate?
 
  What will be an ideal response?

Question 2

What is partition?
 
  What will be an ideal response?

[olderstudent]

Answer to Question 1

Each of the individual rights can be transferred or severed from the fee simple estate. This transfer may be accomplished through a deed or other written document, such as a lease or license. When the severance occurs the fee simple becomes a lesser estate. For example, a lease agreement severs the right to occupy the land. The new interests are a fee simple subject to a leasehold estate and a leasehold estate. Transfer can be the result of a sale (such as mineral rights), lease, license, gift, inheritance or devise.

Answer to Question 2

A partition is a legal proceeding where the court is asked to resolve disputes concerning ownership, use, and possessory interests that the co-tenants are unable to resolve between themselves. The court can order the sale of the real estate and the proceeds distributed in accordance with each ownership interest.

[abern]

Gracias!

[hollysheppard095]

TYSM