How is fee simple absolute ownership different from a life estate and other future interests?

• A. Fee simple absolute is a broad, unlimited ownership; a life estate lasts for the holder’s lifetime; future interests become possessory upon the occurrence of a specified event.
• B. Fee simple is a limited ownership that ends at death; life estate is unlimited and transferable with no remainders.
• C. Fee simple requires occupancy; life estate requires rent.
• D. Fee simple is always subject to reversion; life estate is not.

Answer: (A)