WebFee simple is the most extensive and complete legal title to a person’s real property. It grants the owner an absolute and unrestricted right to the property as they see fit. ... In … WebA form of ownership involving several owners holding fee simple title to individual units in a property and common ownership in the property's common grounds is called a: ... A. …

Concurrent Ownership — Agricultural Law and Management

Webc. fee simple determinable 3. the rights of the owner of a property located along the banks of a river are called: riparian rights 4. which of the following has an indefinite duration: a. freehold estate b. less-than-freehold estate c. estate for years d. license a. freehold estate WebDefinition of Fee Simple. Fee simple is a legal term describing the most common and absolute type of property ownership. The owner's property rights are indefinite and can … loan bluff park

Joint Tenants with Survivorship vs. Tenants in Common - FindLaw

WebA tenancy in common is a type of co-ownership wherein the property interest of the tenant-in-common (co-owner), upon death, passes according to the deceased co-owner's will, or according to the intestate succession law … WebA "fee simple" is real property held without limit of time (i.e., permanently) under common law, whereas the highest possible form of ownership is a "fee simple absolute," which is without limitations on the land's use (such as qualifiers or conditions that disallow certain uses of the land or subject the vested interest to termination). Webcontingent alternative remainder in fee to the survivor and his heirs; (2) or a tenancy in common in fee simple with an executory interest in the survivor. ... Facts (owns 69%) and owned a parcel of land 20 acres in area as tenants in common. occupies the land and lives and maintains her business on it (garbage) she owns 31%. ’s moved to ... loan board of tanzania