The greatest interest that a person may own in land is referred to as
A) complete interest.
B) life estate.
C) fee simple.
D) life interest.
E) life tenant.

Question

Quizplus · Accepted Answer

The greatest interest that a person may own in land is fee simple, which is the highest form of ownership in land. It gives the owner complete control over the land, including the right to sell, lease, or transfer the property to another person. A life estate, life interest, and life tenant are all limited interests in land, as they only give the owner the right to use or occupy the property for the duration of their life or the life of another person. Complete interest is not a recognized term in real estate law.

The Greatest Interest That a Person May Own in Land