Property Ownership
Which type of ownership interest gives the holder the right to use and enjoy property for the duration of their life?
AFee simple defeasible
BLife estate✓ Correct
CEasement appurtenant
DLeasehold estate
Explanation
A life estate gives the holder (life tenant) the right to possess and use the property for the duration of their life, after which the property passes to a remainderman.
Related Alabama Property Ownership Questions
- In Alabama, a fee simple determinable estate automatically reverts to the grantor if:
- An Alabama property that generates income from mineral rights leased to an oil company would include which component of real property?
- In Alabama, a properly executed will that leaves real property to specific heirs transfers title through a process called:
- Deed restrictions placed in a subdivision plat are enforceable by:
- A fee simple determinable estate automatically reverts to the grantor if:
- An Alabama condominium association's power to regulate unit owners is established by the:
- A township in the rectangular survey system measures:
- A life estate in Alabama grants the holder:
Practice More Alabama Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Alabama Quiz →