A form of property ownership entitling the owner to use, possess, or dispose of the property as she chooses during her lifetime, and which on her death descends to her heirs is called

Question

Quizplus · Accepted Answer

Fee simple absolute ownership is the most complete form of ownership one can have in real property. It grants the owner the full rights to use, possess, and dispose of the property during their lifetime, and upon their death, the property automatically descends to their heirs. This contrasts with other forms of property ownership like tenancy in common, joint tenancy, and tenancy by the entirety, which involve shared ownership or have specific conditions attached to the transfer of the property upon death.

A Form of Property Ownership Entitling the Owner to Use