Property OwnershipQuestion 1 of 120
Which type of estate gives an owner the fullest bundle of rights, is of potentially unlimited duration, and is freely inheritable?
a.Life estate
b.Estate for years
c.Fee simple absolute
d.Estate at will
Explanation
A fee simple absolute is the highest and most complete estate in land, lasting indefinitely and passing to heirs. Life estates and leasehold estates confer only limited rights. Under California law it is presumed a grant conveys fee simple unless a lesser estate is stated.
Law Reference: CA Civil CodePractice all 120 questions free — no signup required.
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