Qadir has the fee simple to a piece of land called Blackacre.Patricia wants to acquire an interest in that property.Which of the following statements is TRUE?
A) Patricia's interest in Blackacre necessarily will last for a shorter period of time if she acquires a lease rather than the fee simple.
B) Patricia's interest in Blackacre necessarily will last for a shorter period of time if she acquires a lease rather than a life estate.
C) Patricia's interest in Blackacre necessarily will last for a shorter period of time if she acquires a life estate rather than a lease.
D) At least initially,Qadir will retain an interest in Blackacre if Patricia receives a lease or a life estate,but not if she receives the fee simple.
E) At least initially,Qadir will be liable for waste if Patricia receives a lease of a life estate,but not if she receives the fee simple.
Correct Answer:
Verified
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