What does the term 'fee simple title' imply after final judgment?

Prepare for the New Jersey Tax Collector Exam. Engage with multiple choice questions and learn with detailed explanations and hints. Boost your confidence for success!

The term 'fee simple title' after final judgment implies that the municipality has full ownership rights to the property. When a property is conveyed in fee simple, it means that ownership is absolute and unrestricted, providing the owner (in this case, the municipality) with complete ownership rights to the property. This would typically occur after a tax sale or foreclosure process, where the municipality has enforced its tax liens and acquired full rights to the property due to unpaid taxes.

In this context, the other options do not accurately reflect the implications of fee simple title post-judgment. While the owner retains certain rights in other contexts, in this case, the municipal acquisition signifies a transfer of those rights entirely to the municipality. Renting out or selling the property in parts, while possible under different circumstances, is not the defining characteristic of what fee simple title means in the municipality's context following a final judgment. The essential concept here is the transfer of complete ownership rights to the municipality.

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