Property Ownership

Fee simple absolute is best described as:

AOwnership subject to conditions that could terminate the estate
BThe highest and most complete form of property ownership with no limitations✓ Correct
CA life estate that reverts to the grantor
DOwnership shared between two parties

Explanation

Fee simple absolute is the most complete form of real property ownership—the owner has unlimited rights to use, sell, mortgage, lease, or devise the property without restriction.

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