Property Ownership
In Hawaii, a 'remainderman' holds what type of interest?
AA. A right to remain on the property as a tenant
BB. A future interest in a property that will become possessory when a prior estate ends✓ Correct
CC. The balance remaining on a mortgage
DD. A partial interest in a property as a tenant in common
Explanation
A remainderman holds a future interest that becomes possessory when a preceding estate (such as a life estate) terminates. It is a vested remainder if certain, or contingent if subject to a condition.
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