Which of the following transactions would not utilize the "Section 7520 rate" to calculate the value of the transfer?

Question

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The Section 7520 rate is used to calculate the value of transfers where an interest in property is being transferred but the transferor retains some interest or income from the property for a period of time. This includes transfers with a retained life estate, a remainder interest in real property, and a 10-year term certain in real property. However, transfers to a spouse are not subject to gift tax and therefore do not require the use of the Section 7520 rate.

Which of the Following Transactions Would Not Utilize the "Section