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A purchaser of real estate learns that his ownership rights could continue forever and that no other person can claim to be the owner or have any ownership control over the property. This person's interest in real estate is a___________.

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Answer:

The correct answer is letter "A": Fee Simple Interest.

Explanation:

Fee Simple Interest refers to the absolute ownership over a property an individual could acquire being subject only to governmental impositions such as federal taxes, eminent domain, and police authority. The ownership gives the owner the right to place encumbrances such as security for a mortgage loan.