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Social Studies, 14.02.2020 01:16 IHeartDarkSide03

Florian owns a life estate in Blackacre and Walter owns a remainder interest.
(a) Walter must pay the annual taxes and Florian the interest on any debts on Blackacre.
(b) if the county charges Blackacre a curb and sidewalk assessment, only Walter would have to pay it.
(c) Florian, since he presently occupies Blackacre, must by law pay the insurance on any buildings.
(d) Florian would have to pay for ordinary repairs, such as painting or window replacements and Walter would have to pay for extraordinary repairs such as replacing a furnace.

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Florian owns a life estate in Blackacre and Walter owns a remainder interest.
(a) Walter must...
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