Property Ownership

In Florida, a 'fee simple absolute' estate is best described as:

AOwnership for the duration of one's life only
BThe highest form of freehold ownership with no limitations on use or transfer✓ Correct
COwnership subject to a life estate
DA leasehold interest in property

Explanation

Fee simple absolute is the highest, most complete form of property ownership in Florida. It is unlimited in duration, freely transferable, and inheritable with no conditions or restrictions (other than government regulations).

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