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The following is/are true statement(s) concerning a life estate: Pick the best option, only 1 may be selected: A life estate is an ownership right

The following is/are true statement(s) concerning a life estate:

Pick the best option, only 1 may be selected:

A life estate is an ownership right for the life of the grantor

A life estate is a possessory right in property for the life of any individual designated by the grantor

A life estate requires special wording, proscribed by statute to create it

None of the above

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