Property OwnershipEASY
A life estate created for a sister lasts until:
Correct Answer
A) Her death
A life estate lasts for the lifetime of the life tenant (the measuring life). When created for a sister, it ends upon her death.
Answer Options
A
Her deathB
Fiscal year endC
His deathD
His moving dateVideo Explanation3 min
Audio Lesson3 min
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Related Topics & Key Terms
Related Topics:
future-interestsestate-planningproperty-transfer
Key Terms:
life estatemeasuring lifelife tenantpur sa viefreehold interest
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