You're doing an appraisal for the property owner or someone who is purchasing a property, it is Fee Simple no matter whether or not it is leased. Generally, the only time you will have something other than Fee Simple in that line is where the site is owned by someone else. There are private developments where the development owns the land and all the homes are on 100 year leases of the sites. As a result, you do a 1004 but are showing a Leased Fee.