Under Arizona law, a fee simple estate is BEST described as:
Why The most complete form of ownership with the right to use, sell, and devise the property Is Correct
Answer B: The most complete form of ownership with the right to use, sell, and devise the property
Exam Tip: Property Ownership
Property ownership questions test the bundle of rights and different forms of ownership. Know the differences between joint tenancy, tenancy in common, and community property, including the right of survivorship.
Key Property Ownership Terms in This Question
People Also Study
Related Arizona Questions
- Arizona allows married couples to hold title as 'community property with right of survivorship.' The primary advantage of this form of ownership is:Property Ownership
- A fee simple absolute estate in Arizona:Property Ownership
- A fee simple absolute estate is best described as:Property Ownership
- In Arizona, a 'cooperative' form of housing ownership means residents:Property Ownership
Key Terms to Know
The highest and most complete form of property ownership — absolute ownership with the right to use, sell, or pass the property to heirs.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
Chain of TitleThe sequential record of all transfers of ownership for a piece of property from the original patent holder to the present owner.
Joint TenancyCo-ownership where two or more people hold equal, undivided interests with the right of survivorship — when one owner dies, their share passes to the surviving owners.
Study This Topic
Practice More Arizona Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Arizona Quiz →