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A remainder or reversion interest Multiple Choice A. Is the term used for the interest granted in a life estate B. Is the interest which
A remainder or reversion interest
Multiple Choice
A. Is the term used for the interest granted in a life estate
B. Is the interest which is acquired upon the death of an individual granted a life estate in a piece of property
C. Is the term used for an individual who inherits property under a will
D. Is the term used for an interest in land granted under a leasehold estate
E. Is the term used for the interest granted in a piece of land granted under a fee simple
Which is correct
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