Solved

Which of the Following Is True About the Situation Where

Question 61

Multiple Choice

Which of the following is true about the situation where a party who owns a fee simple absolute conveys a life estate,but does not convey any other interest?


A) Upon the death of the holder of the life estate,the property will go to the heirs of the holder of the life estate.
B) The grantor has created a remainder,even though the identity of the holder of the remainder is not yet known.
C) The grantor holds a fee simple defeasible.
D) The grantor holds a reversion.
E) The conveyance is invalid because it is incomplete.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents