The holder of which of the following would be a “nonfreeholder?”
Question & Answer
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Life estate
A life estate grants ownership for the duration of a person's life. As a freehold estate, the life tenant has ownership rights that can be inherited upon death, making the holder a freeholder, not a nonfreeholder.
Defeasible fee
A defeasible fee is a type of freehold estate that can be terminated under specific conditions. Despite this potential limitation, it still represents ownership of an inheritable interest in land, making the holder a freeholder.
Unrecorded vendor’s deed
An unrecorded vendor's deed represents ownership interest in property, though recording provides protection. Regardless of recording status, the holder has a freehold estate and is therefore a freeholder, not a nonfreeholder.
Estate for years
Why is this correct?
An estate for years is a leasehold (less-than-freehold) estate with a definite beginning and end date. Since it's not a freehold estate, its holder is a tenant or lessee, not an owner with inheritable rights, making them a nonfreeholder by definition.
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