Top Posters
Since Sunday
g
2
2
2
1
New Topic  
sarammm sarammm
wrote...
Posts: 119
Rep: 0 0
3 years ago
If I grant my grandma a life estate and she asks about her rights and duties as a life tenant, which of the following is true?

▸ If I make no indication of who the property is to go to when she dies, the property reverts back to my estate.

▸ The life tenant, after 20 years, can establish an easement interest in the property.

▸ The life tenant can transfer the fee simple to someone in her will.

▸ Grandma, as life tenant, holds a reversion interest in the property.

▸ The life tenant is not responsible to make repairs to keep the property in good condition, only the fee simple owner has that responsibility.
Textbook 
Legal Fundamentals for Canadian Business

Legal Fundamentals for Canadian Business


Edition: 4th
Author:
Read 86 times
1 Reply
Replies
Answer verified by a subject expert
RahhaRahha
wrote...
Posts: 70
Rep: 0 0
3 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

sarammm Author
wrote...

3 years ago
Thanks for your help!!
wrote...

Yesterday
Correct Slight Smile TY
wrote...

2 hours ago
Thank you, thank you, thank you!
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1381 People Browsing
Related Images
  
 1696
  
 532
  
 907
Your Opinion
Who's your favorite biologist?
Votes: 722

Previous poll results: What's your favorite math subject?