Property OwnershipHARD
Fee simple is all of the following EXCEPT
Correct Answer
C) a less-than-freehold estate.
Fee simple is a freehold estate, not less-than-freehold.
Answer Options
A
an estate of inheritance.B
a freehold estate.C
a less-than-freehold estate.D
indefinite as to its duration.Video Explanation3 min
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Related Concepts
A freehold estate represents ownership of real property with an indefinite duration.
A life estate is a freehold estate that grants ownership rights for the duration of someone's life.
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