A life estate is an estate in land held for the life of one person. It is a type of ownership interest in real property, in which the holder of the life estate (the life tenant) has the right to use and occupy the property during their lifetime. After the life tenant dies, the interest in the property automatically passes to another person (the remainderman).

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A Life Estate Is

Question 10

Multiple Choice

A life estate is

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

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