Property Ownership
In South Dakota, 'freehold estates' include all of the following EXCEPT:
AFee simple absolute
BLife estate
CTenancy for years (leasehold estate)✓ Correct
DFee simple defeasible
Explanation
Freehold estates are ownership estates of indeterminate duration, including fee simple (absolute and defeasible) and life estates. A tenancy for years is a leasehold estate (non-freehold) — ownership for a fixed, definite period.
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