In the context of real estate, what is meant by 'fee simple absolute' ownership?

'Fee simple absolute' ownership refers to a type of real estate ownership that is the most complete and unrestricted form of property ownership recognized by law. This designation grants the owner full control over the property, including the rights to sell, lease, or bequeath it to heirs without any limitations or conditions imposed by previous owners or legal entities.

In this ownership type, the property does not come with restrictions such as conditions upon which transfer or use may depend. This distinction makes fee simple absolute an attractive and secure form of ownership for individuals seeking to invest in real estate, as it ensures permanence and stability in ownership rights. Therefore, the definition ties directly to the absence of any restrictions or limitations, which is why this option is the correct interpretation of fee simple absolute ownership.