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 44-1.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 with the right to possess and use the property for a certain period of time, Nika has given Reggie a leasehold estate. This means that Reggie has the right to use and possess the property for a limited time, but ownership remains with Nika.

Nika Owns Land in Ohio