Property Ownership
A 'fee simple absolute' estate is best described as:
AA limited ownership interest for the life of the owner
BThe most complete form of ownership, with no limitations on use or transfer✓ Correct
COwnership shared with a co-tenant
DOwnership conditioned on specific use of the land
Explanation
Fee simple absolute is the highest form of real property ownership—it is unlimited in duration, fully inheritable, and transferable without restrictions. The owner has full bundle of rights.
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