Which does NOT apply when a life estate is created and a reversion is retained?
A) The grantee is the only person entitled to a reversion.
B) The real property that reverts does not go through the probate process of the life tenant's estate.
C) The grantor can transfer the reversion by deed or will.
D) The reversion is not lost if the grantor dies before the grantee.
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
Q31: Which is a characteristic of a life
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