Question

Kirby purchased a condominium. He has all rights of ownership, including the right to sell and to convey his property to heirs when he dies. What type of estate is this?

Answer 1

Answer:

Fee Simple Absolute

Explanation:

Fee Simple Absolute this is a form of freehold estate in which the owner has the exclusive right to do as he or she wish on the estate property. This includes all the right such as ownership, to sell, damage, and even pass to heirs when he or she dies. It is considered the greatest type of estate any man can hold.

Hence, in this case, the right answer is Fee Simple Absolute