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Bad White [126]
3 years ago
9

The remnant of an estate that the grantor holdsafter he's granted a life estate to another person, ifthe estate will return to t

he grantor, is called:
A) reversionary interest
B) reversionary right
C) reversion
D) remainder estate
Mathematics
1 answer:
Veseljchak [2.6K]3 years ago
5 0

Answer:

The remnant of an estate that the grantor holds after he's granted a life estate to another person if the estate will return to the grantor, is called D) Reversion

Step-by-step explanation:

The correct answer is D) Reversion because, according to the Real Estate definitions, reversionary interest refers to future interest that reverts to a grantor, reversionary right refers to the return of the rights of the possession and quiet enjoyment to the lessor at the expiration of a lease and remainder estate refers to the remnant of an estate that has been conveyed to take effect and be enjoyed after the termination of a prior estate.

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