Mike is driving when he has an accident.Robin who is driving behind him sees the accident and stops to help.She pulls Mike from the burning car and administers CPR saving his life.Mike is a wealthy landowner and wants to reward Robin so he gives her a home with the understanding that when she dies,the home will go back to Mike or if Mike were deceased,to Mike's heirs.Mike has granted Robin a:

Question

Quizplus · Accepted Answer

Mike has granted Robin a life estate, which means she has the right to possess and use the home for the duration of her life. However, upon her death, the property will revert back to Mike or his heirs. This type of arrangement is common in situations where someone wants to provide for a loved one but also retain ownership of the property. A fee simple would give Robin absolute ownership of the property, which is not the case here. A fee tail is a type of property ownership that is not recognized in most jurisdictions. A fee simple defeasible is a type of ownership that comes with conditions that, if violated, could result in the property reverting back to the original owner or their heirs. While there are conditions attached to Robin's ownership of the property, they do not fall under the definition of a fee simple defeasible.

Mike Is Driving When He Has an Accident