Property Ownership
A Kentucky property owner who deeds their property to their child but the child's signature is required before it becomes effective is creating a(n):
AConditional fee simple
BEscrow arrangement or conditional delivery✓ Correct
CJoint tenancy
DLife estate
Explanation
When a deed is held pending acceptance or some condition, it may be placed in escrow. Conditional delivery means the deed does not become effective until the condition is met.
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