In a "fee simple absolute estate," the owner holds "full, absolute ownership of property" without any limits or conditions. This is the "highest interest in real property," meaning that it is held in perpetuity.
These are questions that the above text answers:
1. What is a fee simple absolute estate?
2. How does a fee simple absolute estate differ from other types of property ownership?
3. What are the advantages of having a fee simple absolute estate?
4. What does it mean to hold full, absolute ownership of property?
5. Is there any limit or condition on a fee simple absolute estate?
6. What is the highest interest in real property?
7. How long does a fee simple absolute estate last?
8. What are the characteristics of a fee simple absolute estate?
9. What are the advantages of unrestricted ownership?