Property Ownership
A life estate in Arizona terminates:
AWhen the property is sold
BUpon the death of the measuring life✓ Correct
CAfter 99 years by operation of law
DWhen the grantor records a deed of termination
Explanation
A life estate is limited in duration to the life of a specified person (the measuring life). When that person dies, the property passes either to the remainderman or reverts to the grantor.
People Also Study
Related Arizona Questions
- A property owner in Arizona has tenancy in common with another person. The owner dies. Their interest in the property:Property Ownership
- Two unrelated individuals own an Arizona property as joint tenants. One owner dies. The surviving owner:Property Ownership
- Under Arizona law, a person who openly, continuously, and exclusively occupies another's land for the statutory period may claim title through:Property Ownership
- A deed in Arizona that provides the GREATEST protection to a buyer with warranties against all prior claims (even those before the grantor owned the property) is a:Property Ownership
Key Terms to Know
Life Estate
A freehold interest in real property that lasts only for the duration of a specified person's life.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
Joint TenancyCo-ownership where two or more people hold equal, undivided interests with the right of survivorship — when one owner dies, their share passes to the surviving owners.
EasementA non-possessory right to use another person's land for a specific purpose.
Study This Topic
Practice More Arizona Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Arizona Quiz →