What are the two types of freehold estates?

The two types of freehold estates are indeed the estate in fee and the life estate. A freehold estate is characterized by ownership of the property for an indefinite duration, which differentiates it from other forms of property interests that may have a defined term or conditions attached.

The estate in fee is the most complete form of property ownership, allowing the owner to use, sell, lease, or transfer the property at their discretion. There are variations of fee simple estates, including fee simple absolute, which conveys the maximum rights to the owner without conditions or limitations.

On the other hand, a life estate grants ownership for the duration of a person's life. The life tenant has the right to use and manage the property, but once they pass away, the property reverts back to the original grantor or designated heirs, known as the "remainder" interest. This allows for a temporary form of ownership that is tied directly to the life of an individual, illustrating another distinct type of freehold estate.

The other choices include terms that do not accurately represent the two main categories of freehold estates. For instance, an estate in lease refers to a leasehold estate, which is temporary and does not provide ownership in the same way freehold estates do. Less