Property Ownership Land Use ControlsProperty_ownership_land_use_controlsHARD
Which of these characteristics does NOT describe a fee simple estate?
Correct Answer
C) Definite duration
Fee simple has indefinite duration, not definite duration. It is freely transferable, inheritable, and has unlimited duration.
Answer Options
A
Freely transferableB
Freely inheritableC
Definite durationD
Unlimited durationVideo Explanation3 min
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Related Topics & Key Terms
Related Topics:
estates-in-landbundle-of-rightsfuture-interestslife-estates
Key Terms:
fee simple estateunlimited durationfreely transferableinheritableproperty ownership
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