What type of fee simple estate grants complete ownership rights without restrictions?

A fee simple absolute is the type of estate that grants complete ownership rights without any restrictions. This form of ownership is the most complete interest one can have in real property, entitling the owner to possess the property, use it, sell it, lease it, or bequeath it as they see fit, without any conditions or limitations imposed by the grantor.

The distinguishing characteristic of fee simple absolute is that it lasts indefinitely and is not tied to any events or conditions. This means that the owner doesn’t need to worry about future contingencies that could affect their ownership rights, unlike other types of fee simple estates, which may have certain limitations or conditions attached that could result in loss of ownership.

Understanding this distinction is crucial for comprehending property rights and the implications of different types of ownership in real estate.