Asked by Kaleigh Decker on Jun 30, 2024
Verified
Fee simple absolute is sometimes just called
A) fee absolute.
B) simple absolute.
C) fee simple.
D) simple fee.
Fee Simple Absolute
The most complete ownership of land or property legally possible, allowing the owner unrestricted rights to use, sell, or bequeath the property.
Fee Simple
The most complete ownership interest one can have in real property, free from conditions and with the right to use it, sell it, or pass it on after death.
- Clarify the meaning of fee simple absolute ownership and identify its significance.
Verified Answer
SK
Sammy KesslerJun 30, 2024
Final Answer :
C
Explanation :
Fee simple absolute is commonly referred to as "fee simple," which denotes the most complete ownership of property, including unlimited duration, free from any conditional limitations.
Learning Objectives
- Clarify the meaning of fee simple absolute ownership and identify its significance.