Property Ownership
A fee simple absolute estate is best described as:
AOwnership that lasts only for the owner's lifetime
BThe highest form of ownership — complete, unconditional ownership that can be sold, devised, or inherited✓ Correct
COwnership subject to a condition that if violated will terminate the estate
DA leasehold interest in real property
Explanation
Fee simple absolute is the most complete form of property ownership. The owner holds all rights and can sell, lease, mortgage, or devise the property without restriction.
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