ny-re-pl-new-york-real-estate-pre Practice Test

1Single Choice

Which of the following best describes the real property interest known as a 'fee simple absolute'?

A.An estate limited in duration to the lifetime of the holder.
B.The largest, most complete bundle of rights an individual can hold in real property, with no conditions or time limits on its inheritance.
C.A temporary right to use the property of another without possessing it.
D.An estate that automatically terminates when the holder dies.

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