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Home Q & A Board Humanities Legal Studies
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cookant2013m cookant2013m
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3 years ago
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?

▸ The owner of the fee simple also owns what is below the land, including mineral rights.

▸ If the owner of the fee simple dies without a will, his estate reverts back to the Crown.

▸ The owner of the fee simple has the right to exclusive possession of the land until his death.

▸ 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.

▸ The owner of the fee simple has rights to the surface of the earth and also unlimited use of the airspace above his property.
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Legal Fundamentals for Canadian Business

Legal Fundamentals for Canadian Business


Edition: 4th
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SupremeDJSupremeDJ
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3 years ago
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cookant2013m Author
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3 years ago
This calls for a celebration Person Raising Both Hands in Celebration
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You make an excellent tutor!
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