William owns a life estate in a farm. On his death, fee simple absolute ownership of the land will pass to James. Which of the following interests in real property does James have?

Question

Quizplus · Accepted Answer

James has a future interest, specifically a remainder interest, in the property. This means that he will become the fee simple owner of the land once William's life estate ends. James does not have an easement, a life estate, or a leasehold estate in this scenario.

William Owns a Life Estate in a Farm