The highest form of real estate ownership is
A)fee simple.
B)leasehold.
C)leased fee.
D)none of the above.

Question

Quizplus · Accepted Answer

Fee simple is the highest and most complete form of ownership, where the owner has full control and rights over the property, including the right to sell, lease or transfer it. Leasehold gives ownership rights for a limited period of time, and leased fee is a type of ownership where the landlord leases the property to the tenant, but retains ownership rights. Therefore, the highest form of ownership is fee simple.

The Highest Form of Real Estate Ownership Is