Question

The Moltasanto family has owned a vineyard in Sonoma for over one hundred years. They have owned all rights to the property since the first day of ownership. The property is always inherited by the oldest child after the death of the previous owner. Which type of estate is the Moltasanto family vineyard?

Answer 1

Fee Simple Absolute

Step-by-step explanation:

When an individual owns a fee that is simple absolute property interest, that individual has the absolute right to use the property/land, acquire it, try to get rid of it (through sale, will, gift, or otherwise), and even harm it.

It is the largest and highest ownership of property recognized by U.S. law. There are no restrictions on the fee simple interest on the absolute property. The estate does not automatically terminate and there is no event that causes the property's ownership to return to the grantor.