Property OwnershipEASY
The largest estate or ownership in real prop- erty is
Correct Answer
D) a fee simple estate.
Fee simple estate is the largest form of ownership in real property, providing the most complete bundle of rights.
Answer Options
A
an estate at sufferance.B
an estate at will.C
a life estate.D
a fee simple estate.Video Explanation3 min
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Related Topics & Key Terms
Related Topics:
property-rights-bundletypes-of-tenanciesproperty-transfer-methods
Key Terms:
fee simpleestate in landbundle of rightsproperty ownershipfreehold estate
Related Concepts
The bundle of rights describes the rights associated with property ownership, allowing owners to use, control, enjoy, exclude others from, and dispose of the property.
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