The price at which a willing seller will sell and willing buyer will buy neither being under abnormal pressure.

The price at which a willing seller will sell and willing buyer will buy neither being under abnormal pressure.

In modern estates, the term "Fee" and "Fee Simple" are substantially synonymous.  The term "Fee" is of Old English derivation.  "Fee Simple Absolute" is an estate in real property, by which the owner has the greatest power over the title which it is possible to have being an absolute estate.  In modern use, it is expressly establishes the title of real property in the owner, without limitations or end.  He may dispose of it by sale or trade or will as he chooses.

A person in a position of trust and confidence as between a principal and a broker as fiduciary owes a certain loyalty which cannot to breached under rules of agency.

Appurtenance attached to the land or improvements which usually cannot be removed without agreement as they become real property.  Examples, plumbing fixtures, store fixtures built into the property, etc.

A procedure whereby property pledged as security for a debt is sold to pay the debt in the event of default in payments or terms.

The loss of money or anything of value, due to failure to perform such as under an agreement to purchase.

The intentional and successful employment of any cunning, deception, collusion or artifice used to circumvent, cheat, or deceive another person whereby that person acts upon it to the loss of his property and to his legal injury.