Base fee

formerly, an estate held at the will of the lord; now, a qualified fee. See note under Fee, n., 4.

Base Fee

An interest in real property that has the potential to last forever, provided a specific contingency does not occur.

For example, a grantee might be given an estate in blackacre, "provided the land is not used for illegal purposes."

This type of fee is also known as a conditional, determinable, or qualified fee.

BASE FEE, English law. A tenure in fee at the will of the lord. This was distinguished from socage free tenure. See Co. Litt. 1, 18.

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