A life estate may be granted
Correct Answer
B) for the duration of the life of someone other than the grantee.
A life estate's duration is measured by a designated person's life, which can be either the life tenant or another person (life estate pur autre vie).
Why This Is the Correct Answer
Why the Other Options Are Wrong
Deep Analysis of This Property Ownership Land Use Controls Question
Background Knowledge for Property Ownership Land Use Controls
Real World Application in Property Ownership Land Use Controls
Common Mistakes to Avoid on Property Ownership Land Use Controls Questions
Related Topics & Key Terms
Related Topics:
Key Terms:
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.
More Property Ownership Land Use Controls Questions
The highest form of property ownership in the United States is:
Fee simple is all of the following EXCEPT
The largest estate or ownership in real prop- erty is
In real estate, the term improvements most nearly means
In a physical sense, real estate may be said to include everything EXCEPT
- → All of the following real estate types can be depreciated, except:
- → Which of these is a direct building cost?
- → A man died without a will and with no sur- viving relatives. His four-acre farm will
- → Items that are affixed as appurtenances to land are usually real property. Which of these items is NOT real property?
- → A man dies testate, leaving a wife and minor son. He leaves all of his property to his son. His wife claims her elective share under the Uniform Probate Code. How will the man’s property be distributed?
- → When a person dies testate, her real property will
- → The rights to the space above the ground within vertical planes are BEST described as
- → All of the following are soil conditions, except:
- → The maker of a negotiable instrument is able to defend against a holder in due course in the event of:
- → While appraising a single family residence (SFR), an appraiser observes cracks in the walls and floor. In response, the appraiser best recommends which of the following?
People Also Study
Buyer Representation Agreement
8% of exam
Property Ownership
10% of exam
Land Use Controls and Regulations
8% of exam
Valuation and Market Analysis
10% of exam