Examlex
Which of the following does not mean the same as the other three?
Lease Agreement
A contractual arrangement calling for the lessee (user) to pay the lessor (owner) for use of an asset for a specified time period.
Fee Simple Absolute
The most complete form of property ownership, giving the owner unrestricted rights to the property, including selling, leasing, or bequeathing.
Conditional Estate
A type of property ownership that is subject to certain conditions or event occurrences; failure to meet these may result in forfeiture of the property.
Fee Simple Absolute
The most complete ownership of land possible, with unconditional and permanent property rights.
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