There are multiple definitions - click on the translation that matches your context.

无条件继承的土地所有权

名词

neolog

fee simple estate

noun

Comparative law notes

China

Under Hong Kong law, the term is 永久產權.

Definitions of fee simple estate

English

an absolute (=without limit) interest in land which the owner is free to sell or transfer during his or her lifetime

The company's three largest tenants are associated with its fee simple estate in land located in New York City.