A deed transferring ownership of a 500-acre parcel of land, subject to the condition that you maintain the roads criss-crossing the land, is a fee simple absolute interest. The correct option is B.
The absolute interest in the property is the complete right and ownership on the property or land. The absolute interest is also on the asset or real estate property.
The ownership of a 500 acre parcel of land comes under the fee simple absolute interest. The person takes the benefit on the asset or land due to the absolute interest.
Due to the absolute interest, the person or owner of the land has the legal rights on the asset and property.
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