A life tenant in West Virginia who allows the property to deteriorate commits:
Correct Answer
D) Waste
Waste is the abuse or misuse of property by a life tenant that diminishes the property's value to the detriment of the remainderman. Allowing the property to fall into disrepair (permissive waste) is a violation of the life tenant's obligation to maintain the property.
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
Fee simple absolute is the highest and most complete form of property ownership, giving the owner unrestricted rights to use, possess, enjoy, and dispose of the property. It is of unlimited duration and fully inheritable.
Community property is a system where property acquired during a marriage is owned equally by both spouses.
A freehold estate represents ownership of real property with an indefinite duration.
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