Fact Pattern 43-1
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 43-1. 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

Fact Pattern 43-1 
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 43-1. 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

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 type of estate grants the holder the right to possess and use the property for a limited time period, but ownership rights remain with the owner (Nika) who granted the lease.