Real Estate Practice : Lesson 1770

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Education & Training with The Real Estate Mart of Tennessee, Inc. TN LIC# 290452

                                                  #1770

When we talk about a title which is taken in fee simple we're talking about a title that lasts forever and can be inherited or disposed of according to the owners wishes.

Is this true or false ?

Take your time. Thye solution is posted below the wildlife photo.

wildlife

A. True

Whenever a title is taken in fee simple the owner is entitled to the full range of the bundle of legal rights which accompany the title, which include all of the rights which come with ownership of the property which include the rights to lease, enjoy, will the property to heirs, sell it or forget it.

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Topic:
Real Estate Best Practices
Location:
Tennessee Shelby County Memphis
Groups:
Education
Tags:
theory and practice

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The information and notices contained in this blog are intended to summarize recent developments and news. The posts are presented as general research and information. These posts are not intended, nor should be regarded, as legal advice. Some blog posts concern allegations made in civil lawsuits and in criminal indictments in United States Courts. All persons are presumed innocent until convicted of a crime and proven guilty. Readers who have particular questions or who believe that they need legal counsel should seek the advice of a qualified attorney. It is neither the editor's or author's intention to create a confidential relationship or any broker-client relationship via communication from this site at any time. Please consult with your state real estate board if questions & answers in the education section conflict with the laws of your region or if you need clarification regarding their applicability or how they may govern the services that you provide.

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