Property Ownership
In Indiana, a life estate grants the life tenant the right to:
ASell the property in fee simple
BUse and possess the property for the duration of their lifetime✓ Correct
CBequeath the property in their will
DEncumber the property beyond their life interest
Explanation
A life estate grants the life tenant the right to use, possess, and enjoy the property during their lifetime. They cannot sell more than their life interest, and the property passes to the remainderman upon their death.
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