Larry owns a life estate in a condominium in Clearwater,with the remainder going to Larry's nephew.Larry sells his life estate to Bob.Which is true?
A) Bob's interest in the property will end when Larry dies.
B) Bob will have the property for the rest of his life.
C) Larry will get the property at Bob's death if Larry is still alive.
D) The sale is ineffective because the holder of a life estate cannot sell it.
Correct Answer:
Verified
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