A(n) ________ estate represents the most complete form of ownership of real estate; the owner is free to divide it up into lesser estates and sell, lease, or borrow against them as he or she wishes.

Respuesta :

A fee simple estate represents the most complete form of ownership of real estate.

In fee simple ownership, all rights to the land are unrestricted and unconditional. Absolute estate is a sort of infinite estate. When a deed transfers land unconditionally to a recipient—typically "to John Doe" or "to John Doe and his heirs"—a fee simple is normally generated.

If 123 ABC Street is transferred via a warranty deed, for instance, the land would revert to the grantor if 123 ABC Street is no longer being utilized as a school. A fee simple determinable estate would be this one.

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