Property Ownership
Which of the following best describes a 'fee simple absolute' estate?
AOwnership that expires upon the owner's death
BThe highest form of ownership with unlimited duration and no restrictions imposed by the grantor✓ Correct
COwnership subject to a condition that can revert to the grantor
DOwnership shared equally between two or more parties
Explanation
Fee simple absolute is the greatest possible interest in real property — it is unconditional, inheritable, and of unlimited duration. The owner has full rights to use, sell, lease, or bequeath the property.
Related California Property Ownership Questions
- A deed restriction (CC&R) that limits property use to single-family residential is an example of:
- Which of the following correctly describes an easement in gross?
- In California, adverse possession requires all of the following EXCEPT:
- A developer places a deed restriction on a subdivision prohibiting any lot from being used for commercial purposes. This type of restriction is called:
- In California, when a married couple acquires real property during marriage with community funds and takes title as 'community property with right of survivorship,' what is the primary advantage over joint tenancy?
- A 'fee simple' estate is best described as:
- In California, which form of co-ownership includes the right of survivorship?
- Which type of tenancy is created when a landlord allows a tenant to remain in possession after a lease expires without a new agreement?
Practice More California Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free California Quiz →