Property Ownership

In Texas, a 'fee simple absolute' estate is the highest form of property ownership because:

AIt includes mineral rights automatically
BThe owner has complete and exclusive ownership rights with no limitations other than government police power, taxation, eminent domain, and escheat✓ Correct
CIt cannot be encumbered by a mortgage
DIt automatically passes to the state upon the owner's death

Explanation

Fee simple absolute is the most complete form of ownership—the owner has full rights to possess, use, enjoy, transfer, and devise the property. The only limitations are the government's inherent powers: police power (zoning/regulations), eminent domain (condemnation), taxation (property taxes), and escheat (property reverts to state if owner dies without heirs).

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