Question
Which of the following is NOT true about ownership in fee simple absolute (or fee simple)? A. If a person owns real property in fee
Which of the following is NOT true about ownership in fee simple absolute (or fee simple)?
A.
If a person owns real property in fee simple, that ownership has no limitation on inheritability.
B.
A fee simple owner has the right to possess and use the property exclusively, to the extent that the owner has not transferred any interest in the property
(e.g.,
by lease).
C.
A fee simple absolute is an estate in fee that is the highest form of ownership of real property because it grants the owner the fullest bundle of legal rights that a person can hold in real property.
D.
If a person owns real property in fee simple, that ownership is infinite in duration.
E.
If a person owns real property in fee simple, that ownership may end on the occurrence of a future event.
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