Final Answer:
Of the two kinds of fee simple estate, the kind that is a perpetual estate with no usage restrictions is the Fee simple absolute.
Step-by-step explanation:
Fee simple absolute is a type of ownership interest in real property that represents the highest form of ownership and control over land. This estate grants the owner complete and total ownership rights without any limitations, encumbrances, or usage restrictions. It is considered a perpetual estate, meaning it lasts indefinitely and passes down through generations.
In a fee simple absolute estate, the owner possesses the full bundle of property rights, including the right to use, sell, lease, or transfer the property at their discretion. There are no conditions or limitations imposed on how the land can be utilized, making it the most extensive and unrestricted form of ownership.
Unlike other variations of fee simple estates, such as fee simple defeasible, which may include specific conditions or restrictions on land usage, a fee simple absolute estate carries no such limitations. It provides the owner with absolute control and dominion over the property, allowing them to enjoy the rights and privileges associated with full ownership without any encumbrances or usage restrictions.