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DerKrebs [107]
3 years ago
10

The following is not a distinguishing characteristic of a life estate.

Business
1 answer:
CaHeK987 [17]3 years ago
6 0

Answer:

The correct answer is letter "B": Holders of future interest own only a reversionary interest.

Explanation:

A life estate is a grant provided by the owner of a property to another individual for his or her lifetime. That individual -<em>called the life tenant</em>, is right to use the property at will bound only to waste. The distinguishing characteristics of the life estate imply that <em>holders of future own revisionary or remainder interest</em>, and that <em>the estate could be created by agreement from private parties or by law under prescribed scenarios</em>.

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cestrela7 [59]

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what formular did you use.

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