What is the most inclusive type of real property ownership?

Fee simple absolute estate represents the most inclusive type of real property ownership because it provides the owner with the highest level of control and rights over the property. With fee simple absolute ownership, the owner has complete ownership of the property without any conditions or limitations. This ownership includes the right to use the property, lease it, sell it, or even pass it on to heirs.

This form of ownership is considered the most complete because it is not subject to any encumbrances or restrictions, unlike other forms of ownership such as life estates or leasehold estates, which have specific limitations and can revert back to a previous owner or landlord under certain conditions. A life estate, for example, grants ownership for the duration of someone's life, after which the property reverts to the original owner or another designated individual. Leasehold estates involve renting the property for a specific period and do not convey ownership rights. Tenancy in common allows multiple owners to have undivided interests in a property, but it does not provide the same level of control as a fee simple absolute, especially in decisions regarding the property.

Overall, fee simple absolute ownership is fundamental in real estate law and provides the broadest range of rights and protections for property ownership.