Business, 26.10.2021 20:10 raymond5799
Roderick possesses five hundred acres of forested property. Roderick has the right to use the land, including cutting its timber, for life. Roderick also has the right to lease the land for a period not to exceed his life. This ownership interest is:.
a. an easement.
b. a leasehold estate.
c. a life estate.
d. a fee simple absolute.
Kelsey and Ed buy a duplex in Wells, Maine. On the death of either owner, that owner's interest in the duplex passes to his or her heirs. This is:___.
A. a joint tenancy.
B. a life estate.
C. a tenancy in common.
Answers: 1
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Roderick possesses five hundred acres of forested property. Roderick has the right to use the land,...
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