Property Ownership
A fee simple absolute in Indiana is:
AOwnership with conditions that could cause forfeiture
BThe highest form of ownership — complete, unconditional, and inheritable✓ Correct
COwnership for the duration of the owner's life only
DOwnership shared equally between spouses
Explanation
Fee simple absolute is the most complete form of real property ownership, with no conditions, limitations, or restrictions attached. It is fully inheritable and transferable.
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