Question: Tom owns a large property in fee simple absolute . He leases part of the property to a commercial tenant for 2 0 years, but
Tom owns a large property in fee simple absolute He leases part of the property to a commercial tenant for years, but retains the right to subdivide and sell another portion
of the undeveloped land. However, the tenant contests his right to do so Based on the bundle of rights associated with fee simple absolute ownership, which of the following
best resolves the dispute?
Tom must seek the tenant's permission to subdivide and sell any part of the land, as leasing grants the tenant partial ownership rights over the entire estate.
Tom can only subdivide the land after the lease expires, as leasing inherently suspends his right to sell any part of the property.
Tom can subdivide and sell the undeveloped land, as his fee simple absolute ownership allows him to transfer portions of the estate even during the lease.
Tom forfeits his right to subdivide and sell any part of the property during the lease term since leasing limits his ownership rights.
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