Question: Identify a true statement about the comparison between a leasehold estate and a fee simple absolute estate. Multiple choice question. The holder of a fee

Identify a true statement about the comparison between a leasehold estate and a fee simple absolute estate.
Multiple choice question.
The holder of a fee simple absolute has a license to occupy the property, while the holder of a leasehold estate does not.
The holder of a leasehold estate has a possessory interest only, while the holder of a fee simple absolute estate has an ownership interest.
The holder of a leasehold estate has an ownership interest, while the holder of a fee simple absolute estate has a possessory interest only.
There are no differences between a leasehold estate and a fee simple absolute estate.

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