Property Ownership
Property Ownership Practice Question
The highest form of real estate ownership recognized by law is:
A
Fee Simple AbsoluteB
Fee Simple DefeasibleC
Estate at WillD
Life EstateExplanation
Fee Simple Absolute is the highest form of ownership, providing the owner with complete control over the property with no conditions or limitations, and it can be passed to heirs indefinitely.
More Property Ownership Questions
The right of a property owner to use their property in any legal manner is known as:
A life estate is an example of:
What is the primary difference between real property and personal property?
In Florida, littoral rights apply to property bordering:
The highest form of property ownership in the United States is:
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