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A life estate may be granted

Correct Answer

B) for the duration of the life of someone

A life estate may be granted for the life of any designated person.

Answer Options
A
only when it is for the duration of the
B
for the duration of the life of someone
C
for a definite term.
D
only to a grantee over the age of
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Related Concepts

A freehold estate represents ownership of real property with an indefinite duration.

A life estate is a freehold estate that grants ownership rights for the duration of someone's life.

A freehold estate conveys ownership rights, while a leasehold estate grants the right to possess and use property for a specific period without ownership.

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