________ is an interest in real property that lasts for a specified person's lifetime.
A) Life estate
B) Fee simple absolute
C) Servient estate
D) Fee simple defeasible

Question

Quizplus · Accepted Answer

A life estate is an interest in real property that lasts only for the lifetime of a specified person, known as the "life tenant." After the life tenant dies, the property passes to a designated person or entity, known as the "remainderman" in accordance with the terms of the owner's will or trust.

________ Is an Interest in Real Property That Lasts for a Specified