Nika owns land in Ohio. Her ownership rights include the right to sell or give away the property without restriction, and the right to commit waste, if she chooses.
-Refer to Fact Pattern 44-1.Nika's ownership interest is

Question

Quizplus · Accepted Answer

Nika's ownership rights, including the right to sell or give away the property and the right to commit waste, are characteristic of a fee simple absolute estate. Therefore, A is the correct choice. A leasehold estate gives the right to use the property for a limited time, a life estate only lasts for the life of a particular individual, and an easement is a non-possessory interest in land that allows the holder to use a portion of land for a specific purpose.

Nika Owns Land in Ohio