Property Ownership
What is a 'fee simple absolute' estate?
AAn estate with conditions attached to the ownership
BThe highest form of ownership — complete, unconditional, and inheritable without restrictions✓ Correct
CAn estate that ends upon the death of the owner
DAn estate held by a trust only
Explanation
Fee simple absolute is the most complete form of real property ownership recognized under law. The owner has full rights to use, sell, lease, or devise the property with no conditions or limitations other than those imposed by law (zoning, taxes, etc.).
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