Property Ownership

Which of the following best describes a fee simple absolute estate in Missouri?

AOwnership that ends upon the owner's death
BThe most complete form of ownership, with no restrictions on use or transfer✓ Correct
COwnership shared equally with the state
DA leasehold interest

Explanation

Fee simple absolute is the highest form of ownership: the owner has complete rights to use, sell, lease, or transfer the property, subject only to government powers.

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