A life estate is an estate in land that is held for the life of one person. After the person's death, the property passes to another owner, as determined by the terms of the life estate. This means that the holder of the life estate only has the right to enjoy the property during their lifetime and cannot leave the property to their heirs.

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A Life Estate Is

Question 8

Multiple Choice

A life estate is

A) an interest in land that is indeterminate in time.
B) an interest in land that is closest to complete ownership.
C) a holder of a life estate.
D) an estate in land held for the life of one person.
E) a fixed time during which a person holds an interest in land.

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