Fact Pattern 38-1 Allen owns the Buffalo Ranch in California. Allen's ownership rights include the right to sell or give away the property without restriction, and the right to use the property for whatever purpose he sees fit.
Refer to Fact Pattern 38-1. Allen's ownership interest is
A) a fee simple absolute.
B) a license.
C) a life estate.
D) a profit.

Question

Quizplus · Accepted Answer

Allen's ownership rights, which include the right to sell or give away the property without restriction and to use it for any purpose, indicate a fee simple absolute, which is the most complete form of ownership in real property.

Fact Pattern 38-1 Allen Owns the Buffalo Ranch in California