Escrow & Title
A Vermont deed that transfers 'to John Smith and his heirs forever' creates which type of ownership?
ALife estate
BFee simple absolute✓ Correct
CFee simple defeasible
DTenancy at will
Explanation
The phrase 'to John Smith and his heirs forever' conveys a fee simple absolute — the highest and most complete form of property ownership, with no conditions or limitations on transfer or use.
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