Property Ownership
When a property owner conveys property to another and retains no interest, this is known as a:
AReservation
BGrant in fee simple✓ Correct
CReversion
DLife estate
Explanation
A grant in fee simple transfers full ownership to the grantee with no retained interest by the grantor.
Related Alabama Property Ownership Questions
- A township in the rectangular survey system contains how many sections?
- The bundle of rights associated with real property ownership includes which of the following?
- Which of the following is NOT a characteristic of a fee simple absolute estate?
- A life tenant may NOT do which of the following with the property?
- A zoning variance is different from a rezoning in that a variance:
- Personal property that becomes permanently attached to real property is called:
- A profit à prendre (profit) is the right to:
- Which of the following interests in real property is considered a 'non-possessory' interest?
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