Fact Pattern 29-1
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 29-1.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 certain period of time, but does not own it outright like Nika does with her fee simple absolute ownership.

Fact Pattern 29-1 Nika Owns Land in Ohio.Her Ownership Rights Include the Right