Property Ownership
A 'fee simple absolute' is considered the highest form of real property ownership because:
AA. It has the highest assessed value
BB. It is an absolute, unlimited estate with no conditions on duration or use (subject only to government restrictions)✓ Correct
CC. The government cannot tax such property
DD. It includes both surface and air rights automatically
Explanation
Fee simple absolute is the greatest estate in real property. The owner has complete, unrestricted ownership rights with no limitations on duration or use, subject only to government powers (taxation, eminent domain, police power, escheat).
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