What right does a fee simple absolute possess over real property?

A fee simple absolute represents the highest form of property ownership under common law, encompassing a complete and unrestricted bundle of legal rights over the real property. This includes the rights to possess, use, sell, lease, and transfer the property, as well as the right to exclude others. Essentially, the owner has full control over the property and can use it in any lawful way without interference.

This legal concept ensures that the holder will have the widest array of rights compared to other forms of ownership, which may include limitations or conditions. Other types of ownership, such as a life estate or leasehold, would not provide the full extent of ownership rights that a fee simple absolute grants. Consequently, this clarity on the rights attached to a fee simple absolute positions it as the most secure and definitive form of real property ownership.