Property Ownership
A life estate grants the life tenant the right to use and possess real property:
APermanently and forever
BFor the duration of someone's life✓ Correct
CFor a fixed term of 99 years
DUntil the property is sold
Explanation
A life estate is a freehold interest lasting for the lifetime of a designated person (the measuring life). When that person dies, the property passes to the remainderman or reverts to the grantor.
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