Property Ownership

In New Hampshire, which of the following best describes a 'fee simple absolute' ownership?

AOwnership that automatically transfers to a named heir
BThe highest form of ownership — complete and unconditional ownership with full rights✓ Correct
COwnership that reverts to the grantor upon the owner's death
DOwnership shared equally among multiple family members

Explanation

Fee simple absolute is the greatest form of property ownership. The owner holds all rights in the bundle of rights with no conditions or limitations other than those imposed by law.

Related New Hampshire Property Ownership Questions

Practice More New Hampshire Real Estate Questions

1,500+ questions covering all exam topics. Start free — no signup required.

Take the Free New Hampshire Quiz →