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Rick owns a reversionary interest in a parcel in which Lena presently owns a life estate. What happens to Rick's interest upon Lena's death? Group
Rick owns a reversionary interest in a parcel in which Lena presently owns a life estate. What happens to Rick's interest upon Lena's death?
Group of answer choices
1.Lena's heirs will obtain title to the property notwithstanding Rick's reversion.
2.Rick will continue to own a reversionary interest.
3.The property will escheat to the State.
4.Rick will own the property in fee simple absolute.
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