Principles of Real EstatePregunta 11 de 120
The highest and most complete form of ownership interest in real estate is:
a.A life estate
b.A leasehold estate
c.Fee simple absolute
d.An easement
Explicación
Fee simple absolute is the most complete ownership interest, giving the holder full rights subject only to governmental powers and any private restrictions. It is of indefinite duration and freely transferable and inheritable. Most residential property is held in fee simple.
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