The holder of a life estate has the right to use property for whatever purpose he or she sees fit without regard to the rights of a fee simple owner.

Question

The holder of a life estate has the right to use property for whatever purpose he or she sees fit without regard to the rights of a fee simple owner.​

Quizplus · Accepted Answer

The holder of a life estate has certain limitations on their use of the property and must act in a way that does not significantly diminish the value of the property for the remainderman (the person who will own the property after the life estate ends).

The Holder of a Life Estate Has the Right to Use