Refer to Fact Pattern 22-1.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
A)a fee simple absolute.
B)a leasehold estate.
C)a life estate.
D)an easement.

Question

Quizplus · Accepted Answer

Nika has conveyed some of her land to Reggie with the right to possess and use the property for a certain period of time, indicating the creation of a leasehold estate. This means that Reggie has the right to use and possess the property for a certain period of time, but it does not give him ownership of the land.