What is the most complete form of ownership in real estate?

The most complete form of ownership in real estate is Fee Simple Absolute. This type of ownership grants the owner the maximum rights allowed under law, which includes the right to occupy, use, lease, sell, or transfer the property without any limitations or conditions, other than those imposed by local zoning laws or regulations.

In essence, when someone holds property in Fee Simple Absolute, they have an indefinite duration of ownership and the highest level of control over the property. There are no conditions attached to the title that could cause it to revert to a previous owner, making it the most secure and enduring form of ownership.

In contrast, other options such as Fee Simple Conditional and Fee Simple Determinable Interest involve certain conditions or limitations. These types of ownership can lead to a loss of property if specific conditions are not met. Tenancy by the Entireties, while a unique form of concurrent ownership typically applicable to married couples, does not provide the same level of comprehensive rights since it is based on the relationship between the co-owners rather than on absolute ownership. Thus, Fee Simple Absolute stands out as the most complete and secure form of real estate ownership.