When a person reserves the right of the use and enjoyment of real property only until death; this interest is known as:

When a person reserves the right of the use and enjoyment of real property only until death; this interest is known as:


A. Joint tenancy
B. Tenancy in common
C. Life estate
D. lease


Answer: C. Life estate

Comments

Popular posts from this blog

Jim has been arrested for drunk driving. In order to be allowed out of jail before his court date, Jim will most likely need:

James is the insured on a life insurance policy where his age was misstated on the application. Which of the following is CORRECT regarding the death benefit amount?