Which of the following interests in real property transfers to another person after the present holder's death?
A) easement
B) mortgage
C) installment
D) life estate

Question

Quizplus · Accepted Answer

Only a life estate interest in real property transfers to another person after the present holder's death. An easement is a right to use someone else's land for a specific purpose and does not transfer ownership. A mortgage is a loan on the property and must be paid off or transferred to another party. An installment is a method of payment and does not transfer ownership.

Which of the Following Interests in Real Property Transfers to Another