A ________ is a type of ownership of real property that grants the owner the fullest bundle of legal rights that a person can hold in real property.
A) fee simple absolute
B) life estate
C) servient estate
D) fee simple defeasible

Question

Quizplus · Accepted Answer

A fee simple absolute ownership grants the owner the fullest possible bundle of legal rights that one can hold in real property, including the right to sell, lease, give away or bequeath the property to others. The owner has complete control over the property and can use it in any legal way they choose, subject only to governmental regulations or private agreements. It is the most common and desirable form of ownership. The other options do not provide the same level of freedom and control over the property.

A ________ Is a Type of Ownership of Real Property