Principles of Real EstateCâu 12 / 120
An estate that lasts only for the duration of a specified person's life is a:
a.Fee simple determinable
b.Periodic tenancy
c.Tenancy at sufferance
d.Life estate
Giải thích
A life estate is a freehold interest measured by the life of a named person, often the life tenant. When that person dies, the property passes to a remainderman or reverts to the grantor. The life tenant may use the property but cannot commit waste.
Luyện miễn phí toàn bộ 120 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- A form of co-ownership that includes the right of survivorship, meaning a deceased owner's share passes automatically to the surviving owners, is:
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- A lien placed against a property as security for the repayment of a debt is best described as a(n):
- A structure or improvement that unlawfully extends over a property boundary onto a neighbor's land is called a(n):
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