Nika owns land in Ohio.Her ownership rights include the right to sell or give away the property without restriction,and the right to commit waste,if she chooses.
-Refer to Fact Pattern 28-1.Nika conveys some of her land to Reggie with the right to possess and use the property for a certain period of time.Nika has given Reggie

Question

Quizplus · Accepted Answer

By conveying some of her land to Reggie for a certain period of time, Nika has given him a leasehold estate. This means that Reggie has the right to possess and use the property for a specified period but does not own it outright, unlike a fee simple absolute estate.

Nika Owns Land in Ohio