Property Ownership
A property in Connecticut is described as being 'in fee.' This means:
AThe property has outstanding fees owed
BThe property is owned in fee simple✓ Correct
CThe property is subject to ground rent
DThe property is owned by an attorney
Explanation
Ownership 'in fee' refers to fee simple ownership—the most complete form of real property ownership, with no conditions, limitations, or life estate restrictions.
Related Connecticut Property Ownership Questions
- A Connecticut property owner has a mortgage. The mortgage creates which type of lien on the property?
- A Connecticut property owner's neighbor builds a fence that encroaches 2 feet onto the owner's land. The property owner's remedy is a:
- Under Connecticut law, real property is transferred at death without a will (intestate) under Connecticut's:
- A life estate in Connecticut grants the life tenant the right to:
- Which form of co-ownership includes the right of survivorship, meaning a deceased owner's share passes automatically to the surviving co-owner(s)?
- The concept of 'police power' as a limitation on private property rights in Connecticut includes:
- What is an encumbrance on real property?
- Which of the following is an example of an appurtenance to real property?
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