Property OwnershipEASY
The highest form of real estate ownership recognized by law is:
Correct Answer
A) Fee Simple Absolute
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.
Answer Options
A
Fee Simple AbsoluteB
Fee Simple DefeasibleC
Estate at WillD
Life EstateVideo Explanation2 min
Audio Lesson2 min
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Why This Is the Correct Answer
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.
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