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Both fee and fee simple mean that you are the absolute owner of real property. You can sell the land or leave it to your heirs.

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Both fee and fee simple mean that you are the absolute owner of real property. You can sell the land or leave it to your heirs.

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A. fee simple

B. fee tail

C. determinable fee

D. fee simple absolute

ANSWER: B Fee Tail

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Fee simple is the absolute ownership of land. The person who owns the land in fee simple can sell it during their life or leave it to their heirs when they die either by will or by intestate succession.

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Fee simple absolute is the way we describe the complete and total ownership of real property. The owner in fee simple absolute has the right to full possession and control of the land (unless the land is subject to a life estate). The property will pass to the owner's heirs upon death or the owner can convey the property during their lifetime. Generally the conveyance of real estate by a deed conveys fee simple absolute in those jurisdictions that allow the private ownership of land. Generally, when we speak of "fee simple" we are referring to fee simple absolute.

The owner of the fee simple can grant a life estate to another.

A person acquires a fee simple ownership of land by deed from the present fee simple owner of the land.

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Fee simple.

Fee simple.

Fee simple.

Fee simple.

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