Mario Bought a Small House in Nelson and Was Puzzled

question 225

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 also owns what is below the land including mineral rights.
• 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) Technically, only the Crown owns the land, but the fee simple interest is the greatest bundle of rights, other than the Crown's, a person can own.
• E) The owner of the fee simple has the right to exclusive possession of the land until his death.

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Definitions:

Sports-related Activity

Any physical activity or exercise that is competitive, organized, and follows specific rules, often involving teamwork or individual challenge.

Valve-like Structure

An anatomical feature or device that functions to control the flow of fluid, opening and closing to permit passage in one direction only.

Body Opening

Any natural opening in the body, such as the mouth, nostrils, or pores, that can serve as a passageway into the body.

Cardiac Muscle

Specialized muscle tissue found only in the heart, responsible for the heart's contractile force and continuous pumping action.