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    Fee simple absolute, fee simple defeasible, and life estates

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    What are the differences among fee simple absolute, fee simple defeasible, and life estates? Explain your answer.

    © BrainMass Inc. brainmass.com June 3, 2020, 6:58 pm ad1c9bdddf
    https://brainmass.com/business/accounting/fee-simple-absolute-fee-simple-defeasible-life-estates-81393

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    A fee simple absolute is the right to land without any limitations. Therefore, if you have Title to land, it is yours and then it is up to you to decide what you would like to do with it. It also passes on to your heirs or to your designated beneficiaries in your estate upon death.

    A ...

    Solution Summary

    This solution discusses the differences between fee simple absolute, fee simple defeasible, and life estates.

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