Which of the following statements is true regarding estate for years?
A) The grantee of the estate for years has the land only for the period for which it is granted to him/her.
B) The grantee of the estate for years can sell the land to someone else.
C) The grantee of the estate for years can grant the land to someone else for life estate.
D) The grantee of the estate for years can bequeath the land to someone else through a will.

Question

Quizplus · Accepted Answer

The grantor can have the transferee hold the land for a period less than the grantee's life. In such a case, it is called an estate for years. The grantee only has the land for the period for which it is granted and cannot sell it or will it away to the exclusion of the remaining interest in the property.

Which of the Following Statements Is True Regarding Estate for Years