Property OwnershipIntermediateDelaware Exam

What right does a 'remainderman' have in a Delaware life estate?

AThe right to collect rent from the life tenant
BThe right to take full possession of the property after the life estate endsCorrect
CThe right to veto improvements made by the life tenant
DThe right to sell the property while the life tenant is alive

Why The right to take full possession of the property after the life estate ends Is Correct

Answer B: The right to take full possession of the property after the life estate ends

The remainderman holds a future interest in the property that becomes possessory when the life estate terminates (typically upon the life tenant's death). Until then, the life tenant has the right of possession.

Exam Tip: Property Ownership

Property ownership questions test the bundle of rights and different forms of ownership. Know the differences between joint tenancy, tenancy in common, and community property, including the right of survivorship.

Key Property Ownership Terms in This Question

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