Property Ownership
A fee simple absolute estate in South Dakota provides the owner with:
AOwnership for life only
BThe greatest bundle of rights, with no conditions or limitations✓ Correct
CRights subject to reversion to the grantor
DOwnership for a fixed term of years
Explanation
Fee simple absolute is the highest form of ownership, providing the owner with the complete bundle of rights — possession, use, enjoyment, and disposition — without conditions.
Related South Dakota Property Ownership Questions
- An appurtenant easement in South Dakota 'runs with the land,' meaning:
- In South Dakota, which of the following correctly describes the effect of a 'fee simple determinable' estate?
- Real property is distinguished from personal property primarily by:
- Which form of co-ownership includes the right of survivorship?
- In South Dakota, a 'quitclaim deed' transfers:
- In South Dakota, a 'purchase and sale agreement' signed by an agent on behalf of an undisclosed principal is:
- A South Dakota property held in a revocable living trust avoids probate because:
- South Dakota recognizes which form of concurrent ownership that includes the right of survivorship?
Practice More South Dakota Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free South Dakota Quiz →