Property Ownership
Which of the following best describes 'fee simple absolute' ownership?
AOwnership that automatically reverts to the grantor upon the owner's death
BThe highest form of ownership with no conditions or limitations on use or transfer✓ Correct
COwnership shared equally between two or more parties
DA leasehold interest with an option to purchase
Explanation
Fee simple absolute is the most complete form of property ownership recognized in law, giving the owner unlimited rights to use, sell, mortgage, or devise the property without conditions.
Related California Property Ownership Questions
- In a condominium, what does each owner actually own?
- In California, personal property of a deceased person who dies intestate (without a will) and has no known heirs ultimately passes to:
- A 'partition action' in California is used when:
- The term 'littoral rights' refers to the rights of owners whose land borders:
- Under California community property law, which of the following is considered separate property?
- Which type of deed provides the GREATEST protection to the grantee by warranting title against all claims, both during and before the grantor's ownership?
- A deed that conveys title with the grantor's guarantee of defending the title against all claims is a:
- A 'lis pendens' recorded against a property provides notice that:
Practice More California Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free California Quiz →