Property OwnershipQuestion 2 of 120
An estate that lasts only for the duration of a named person's life is best described as a:
a.Fee simple defeasible
b.Life estate
c.Tenancy in common
d.Fee simple absolute
Explanation
A life estate is limited in duration to the life of the life tenant or another designated person. When that measuring life ends, the property passes to the remainderman or reverts to the grantor. It is a freehold estate but not of inheritable duration.
Law Reference: CA Civil CodePractice all 120 questions free — no signup required.
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