Fact Pattern 48-1A
Nika owns land in Ohio. Her ownership rights include the right to sell or give away the property without restriction, and the right to commit waste, if she chooses.
-Refer to Fact Pattern 48-1A. Nika's ownership interest is

Question

Fact Pattern 48-1A 
Nika owns land in Ohio. Her ownership rights include the right to sell or give away the property without restriction, and the right to commit waste, if she chooses.
-Refer to Fact Pattern 48-1A. Nika's ownership interest is

Quizplus · Accepted Answer

Nika's ownership rights include the right to sell or give away the property without restriction, and the right to commit waste, indicating that she has a fee simple absolute ownership interest. A leasehold estate would give Nika the right to possess the property for a specified period of time, but she would not have the right to sell or give away the property without the landlord's permission. A life estate would give Nika the right to possess the property for her lifetime, but she would not have the right to commit waste or sell or give away the property without the approval of the remainderman. An easement would give Nika the right to use the property for a specific purpose, but she would not have the right to sell or give away the property.