Property Ownership
In Wyoming, a 'fee simple absolute' is best described as:
AA limited form of ownership with conditions
BThe most complete form of ownership with no conditions, limitations, or restrictions other than those imposed by law✓ Correct
COwnership subject to a life estate
DA leasehold interest for an extended period
Explanation
Fee simple absolute is the highest and most complete form of real property ownership recognized by law. The owner holds an estate of potentially infinite duration with full rights to use, sell, lease, mortgage, and devise the property. It is the typical form of ownership for most residential transactions.
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