Property Ownership, Transfer of Title & Land Use 12.2.0 Flashcards
1
Q
Life Estates are limited to the duration of a
A
A Lifetime
2
Q
Are life estates inheritable?
A
No
3
Q
life estates are?
A
Pre-determined
4
Q
The owner of the life estate is called?
A
A life tenant
5
Q
Are life estates the same tenancy as renters?
A
No
6
Q
What rights do life tenants have?
A
The rights of any real property except estate changes upon death
