Mario Bought a Small House in Nelson and Was Puzzled

question 13

Multiple Choice

Mario bought a small house in Nelson and was puzzled when he saw the conveyancing documents,which referred to a transfer of a "fee simple." The following statements were made to him to explain the term.Which is correct?

• A)The owner of the fee simple has the right to exclusive possession of the land until his death.
• B)If the owner of the fee simple dies without a will,his estate reverts back to the Crown.
• C)The owner of the fee simple has rights to the surface of the earth and also unlimited use of the airspace above his property.
• D)The owner of the fee simple also owns what is below the land,including mineral rights.
• E)Technically,only the Crown owns the land,but the fee simple interest is the greatest bundle of rights,other than the Crown's,that a person can own.

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