Property Ownership

In Rhode Island, fee simple absolute ownership conveys:

AOwnership for a specified term of years
BComplete and unrestricted ownership with the right to use, sell, or devise the property✓ Correct
COwnership subject to the original owner's right of re-entry
DOwnership limited to the natural lifespan of the grantee

Explanation

Fee simple absolute is the highest form of real property ownership, conveying complete and unrestricted ownership including the rights to use, sell, lease, mortgage, or devise the property.

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