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.
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Related Topics & Key Terms
Related Topics:
Key Terms:
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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