Frank owns GuestHouse Hotel. His ownership rights include the right to sell or give away the property without restriction, as well as the right to commit waste, if he chooses. Frank's ownership interest is

Question

Frank owns GuestHouse Hotel. His ownership rights include the right to sell or give away the property without restriction, as well as the right to commit waste, if he chooses. Frank's ownership interest is​

Quizplus · Accepted Answer

Frank's ownership interest includes the right to sell or give away the property without restriction and the right to commit waste, which are both attributes of a fee simple absolute ownership interest.

Frank Owns GuestHouse Hotel