Mike deeds his house to his daughter Samantha for her life and once Samantha dies the house goes to a charitable trust. This is an example of the _____ type of property interest.

Question

Quizplus · Accepted Answer

The holder of a life estate only owns the land during the measuring life (which may be that of the life tenant or someone else), and after the death of the measuring life, the land goes back either to the grantor of the life tenancy or whoever else he or she interest designates.

Mike Deeds His House to His Daughter Samantha for Her