The highest form of ownership a person can have in a piece of property is:
A) fee simple absolute
B) fee simple qualified
C) life estate
D) testate estate

Question

Quizplus · Accepted Answer

Fee simple absolute is the highest form of ownership a person can have in a piece of property. This ownership provides the owner with absolute rights to the property, including the right to sell, lease, or give the property away. The owner also has the right to control how the property is used and to pass the property to heirs through a will or trust. Fee simple qualified, life estate, and testate estate are all limited forms of ownership in comparison to fee simple absolute.

The Highest Form of Ownership a Person Can Have in a Piece