Escrow & Title
In South Carolina, 'fee simple' title conveys which of the following to the buyer?
ATemporary ownership subject to review
BThe highest form of ownership with unlimited duration and free transferability✓ Correct
COwnership limited to residential use only
DShared ownership with the selling family
Explanation
Fee simple absolute is the highest, most complete form of ownership—unlimited in duration, fully transferable, and with no conditions attached. It is the standard form of ownership conveyed in most real estate transactions.
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