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An owner of a perpetual estate may dispose of it in his or her lifetime or after death by will. this is known as fee simple estate.

The ultimate type of ownership is FEE SIMPLE ESTATE. Due to the fact that the owner of an estate in fee may dispose of it during his or her lifetime or through a will after passing away, it is also known as an estate of inheritance or a perpetual estate.

The most typical type of estate that is transferred in a typical real estate transaction is this one.

Estate is a person's claim to ownership in real estate. Freehold and less-than-freehold are the two categories that can be owned.

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