Final answer:
The life estate plus the reversionary interest equal a fee simple absolute, the highest form of ownership in real property.
Step-by-step explanation:
The life estate plus the reversionary (or remainder) interest equal a fee simple absolute. A fee simple absolute is the highest form of ownership in real property, giving the owner full and unrestricted rights to possess, use, and transfer the property. In this case, the life estate represents the right to possess and use the property during the individual's lifetime, while the reversionary interest represents the right of ownership that will pass to another party after the life estate ends.