Monique inherited a life estate in a piece of land called Noiracre. After she died, the land would pass to her brother, Pierre. Monique has largely ignored the property since she acquired it. The house that is located on Noiracre consequently has become badly run down and in urgent need of repair. Indeed, the only thing that Monique has really done to the land is cut down an historic growth of oak trees. Which of the following statements is TRUE?
A) Monique committed an act of waste by cutting down the oak trees.
B) because Pierre is not yet entitled to occupy the land, he cannot successfully complain about any act of waste
C) Pierre holds the reversionary interest in Noiracre.
D) Monique committed an act of waste by failing to keep the house in good repair.
E) Monique's interest is best described as a remainder interest, because it was remained in the estate of the person from whom she inherited it.
Correct Answer:
Verified
Q6: The word "intestacy" refers to
A) the "interests"
Q7: Janet and Tad were neighbours. She owned
Q8: Land is called "real" property
A) after the
Q9: Ganesh and Madonna own neighbouring pieces of
Q10: Which of the following statements is TRUE?
A)
Q12: Midori has an "estate" in a piece
Q13: As explained in the book, the word
Q14: The word "condominium"
A) translates from Latin words
Q15: Ansell rented a commercial property to Eleanor
Q16: Winifred and Randolph jointly owned a piece
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents