The most common form of real property ownership is:
A) fee defeasible
B) fee simple
C) life estate
D) tenancy for years
E) covenant

Question

Quizplus · Accepted Answer

Fee simple ownership is the most common and complete form of real property ownership, which gives the owner the absolute rights and responsibilities to the property, subject to government regulations and restrictions. Fee defeasible, life estate, tenancy for years, and covenant are all less common forms of ownership with different limitations and conditions.

The Most Common Form of Real Property Ownership Is