If I grant my grandma a life estate and she asks about her rights and duties as a life tenant, which of the following is true?
A) If I make no indication of who the property is to go to when she dies, the property reverts back to my estate.
B) The life tenant is not responsible to make repairs to keep the property in good condition, only the fee simple owner has that responsibility.
C) The life tenant after 20 years, can establish a easement interest in the property.
D) The life tenant can transfer the fee simple to someone in her will.
E) The life tenant cannot rent out the property during the life tenancy.
Correct Answer:
Verified
Q10: Which of the following is one of
Q11: Which of the following is essential for
Q12: In 2011, Jonah sold a building to
Q13: Which of the following is true with
Q14: Which of the following is considered real
Q16: Which one the following is true with
Q17: Jack and Joan got married. It was
Q18: Which of the following is true with
Q19: Zack, Virgil, and Craig, friends for several
Q20: If a person habitually crosses property over
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents