Principles of Real EstateCâu 11 / 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
Giải thích
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.
Luyện miễn phí toàn bộ 120 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- Which of the following is an example of the government's police power?
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