A freehold estate is an estate in which the owner has a ________ interest in the real property.

Question

Quizplus · Accepted Answer

A freehold estate is an estate in which the owner has a present possessory interest in the real property, meaning they have the right to possess and use the property during their lifetime or for an indefinite period of time. A conditional interest would mean the ownership is subject to certain conditions or limitations, while a qualified interest would mean the ownership is subject to certain qualifications or restrictions. A fractional interest would mean the ownership is shared with others, and a future possessory interest would mean the ownership will not take effect until some future date or event.

A Freehold Estate Is an Estate in Which the Owner