Property Ownership
A fee simple absolute estate in Mississippi gives the owner:
AOwnership for life only
BOwnership subject to a condition subsequent
CThe highest form of ownership—complete ownership with full rights to use, sell, or devise the property✓ Correct
DOwnership shared equally with the government
Explanation
Fee simple absolute is the highest form of property ownership, giving the owner full rights to use, sell, mortgage, lease, or devise the property. It is not subject to conditions or limitations other than those imposed by law.
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