Which is a characteristic of a life estate?
A) A life estate may not last for the lifetime of the original owner.
B) A life estate cannot be created by deed.
C) .Life tenants while living may convey their interest in the property by sale or gift to a third person.
D) A life estate can be transferred by will.
Correct Answer:
Verified
Q22: Which is an example of tangible personal
Q23: Which is an advantage of joint tenancy?
A)The
Q24: Which is an example of probate property?
A)Annuity
Q25: No notice to terminate is required for
Q26: Which is NOT used to determine if
Q27: Which is NOT an example of community
Q28: Which is an example of real property?
A)Crops
Q29: Which is (are) an example(s) of intangible
Q30: The few states that retain dower and
Q32: Which does NOT apply when a life
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