Which of the following statements is true regarding the life estate interest?
A) The transfer of property taking place as per the life estate interest is known as adverse possession.
B) The holder of a life estate can will the property to someone else.
C) The holder of a life estate owns the property forever.
D) The holder of a life estate only owns the land during the measuring life.

Question

Quizplus · Accepted Answer

A life estate is an interest in land that is only good for the life of the life tenant who holds the interest. A life estate is quite different, in that the holder of a life estate does not own the property forever and cannot do with it as he or she pleases. The life tenant only owns the land during the measuring life, and after the death of the measuring life, the land goes back either to the grantor of the life tenancy or whoever else he or she interest designates.

Which of the Following Statements Is True Regarding the Life