Property Ownership
In Kentucky, a deed that contains the phrase 'to the grantee and their heirs' creates a:
ALife estate
BFee simple absolute✓ Correct
CFee simple determinable
DLeasehold estate
Explanation
The phrase 'to grantee and their heirs' is the traditional language creating a fee simple absolute, the most complete form of ownership in Kentucky.
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Key Terms to Know
Fee Simple
The highest and most complete form of property ownership — absolute ownership with the right to use, sell, or pass the property to heirs.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
Life EstateA freehold interest in real property that lasts only for the duration of a specified person's life.
EasementA non-possessory right to use another person's land for a specific purpose.
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