Property Ownership
In New Mexico, an 'estate in fee tail' (if recognized) would be characterized by:
AUnlimited transferability
BInheritance restricted to direct lineal descendants—most states (including NM) have abolished fee tail✓ Correct
COwnership limited to one year
DGovernment ownership
Explanation
Fee tail restricts inheritance to direct lineal descendants. New Mexico, like most U.
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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).
EasementA non-possessory right to use another person's land for a specific purpose.
EncumbranceAny claim, lien, charge, or liability attached to real property that affects its value or limits its use.
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