Humber/Ontario Real Estate Course 1 Exam 2025 – 400 Free Practice Questions to Pass the Exam

A fee simple absolute in possession is the most complete form of ownership with no limitations or conditions. This means that the owner has the full bundle of rights associated with real property ownership, including the right to possess, use, enjoy, and dispose of the property as they see fit. Option B is incorrect because ownership with specific use conditions attached would not be classified as a fee simple absolute. Option C is incorrect because temporary ownership for a specific period would not be a fee simple absolute. Option D is incorrect because ownership with rights subject to community development rules would not be a fee simple absolute. Option E is incorrect because conditional ownership based on usage compliance would not be a fee simple absolute. Option F is incorrect because ownership transferred upon death to designated heirs would be related to inheritance rights, not fee simple absolute ownership during one's lifetime.