Which of the following statements is true about the interests of a Fee Simple Absolute ownership?

Fee Simple Absolute is recognized as the highest form of real property ownership and grants the owner complete control over the property. When a property is owned in Fee Simple Absolute, the owner has the right to use, lease, sell, or otherwise transfer the property without restriction, as long as these actions comply with applicable laws and regulations.

This type of ownership is characterized by its permanence and the full bundle of rights it confers. The owner can convey the property through sale or as a gift, and can also dictate its disposition through a will. The absence of limitations imposed by the grantor means that the owner retains all rights and privileges associated with the property, making it wholly transferable.

In contrast, other forms of ownership may impose restrictions or limitations, preventing the owner from acting freely with their property. Therefore, it is essential to understand that Fee Simple Absolute offers unrestricted rights, reflecting true ownership without encumbrances from others.