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A fee simple absolute estate would best be defined as?
The highest interest a person can have in real property.
A fee simple absolute estate is the highest interest one can own in land. It is not based on a condition or event which subsequently happens, nor is it a less-than-freehold estate. Because it is of indefinite duration, it is a freehold estate.
Of the following, which best defines a fee simple estate?
D. The most interest that one can hold in land.
Correct Answer is : D
The "A" answer is eliminated because all property is going to have some limitations; for example, the police powers of zoning and building codes may limit title to property, whereas the fee simple estate is the most interest that one can hold in property
An estate is granted to "A" for the life of "X." "A" dies while "X" is still living. The estate:
D: Vests in the heirs or devisees of "A."
As long as "X" (the designated person) lives, the life estate belongs to "A" (the life tenant) or the heirs of "A."
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