Which type of ownership includes the right to convey property?

The Fee Simple Estate is a type of ownership that grants the holder the greatest degree of control over the property. This includes the absolute right to use, enjoy, and convey the property to others. Ownership in fee simple means that the property can be sold, given away, or otherwise transferred without restriction, making it the most complete form of ownership in real estate. This right to convey is a fundamental characteristic of fee simple estates, distinguishing it from other types of ownership where such rights may be limited.

In contrast, Co-Ownership may involve shared interests in property but does not necessarily include the unrestricted right to convey the whole property, as that would require agreement among all owners. A Leasehold Estate provides temporary possession of property without ownership rights, limiting the lessee's ability to convey the property as they do not own it. A Life Estate grants rights for the duration of a person's life but limits property conveyance to the life tenant, meaning the property cannot be transferred in a way that affects its status after the life tenant's death.

Thus, the Fee Simple Estate distinctly allows the owner the right to convey the property freely, which is essential for understanding property rights in Louisiana and elsewhere.