Property Ownership
In New Mexico, which of the following correctly describes 'allodial title'?
ATitle held by the government for Native American tribes
BAbsolute ownership of real property free from any obligations or conditions (the highest form of private ownership theory)✓ Correct
CTitle held in a revocable living trust
DTitle held by a corporation
Explanation
Allodial title represents the most complete form of ownership—free from feudal obligations or conditions. In the United States, private property ownership is based on the concept of allodial title, though subject to government powers.
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