Final answer:
Unless otherwise stated in the deed or will, an owner's estate is generally presumed to be Fee Simple Absolute.
Step-by-step explanation:
Unless otherwise stated in the deed or will, an owner's estate is generally presumed to be Fee Simple Absolute.
This means that the owner has complete ownership rights and can do whatever they want with the property, including sell, rent, or pass it on to their heirs. This is the most common and strongest type of ownership interest in real property.