The term fee used in connection with real property means
Correct Answer
B) an estate of inheritance.
'an estate of inheritance' — because 'fee' in property law specifically denotes a freehold estate that can be inherited, most commonly seen in the term 'fee simple absolute,' which is the highest and most complete form of real property ownership under California Civil Code. A fee simple owner holds all rights in the property indefinitely, with no limitations on inheritance, which is precisely what 'estate of inheritance' means. The question's stated correct answer of 'a' appears to be a labeling error in the source material, as the explanation itself confirms that fee refers to an estate of inheritance, which is option B.
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A leasehold estate grants the right to possess and use property for a defined period of time, without conferring ownership.
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