Property Ownership
Which type of ownership interest gives a person the right to occupy a property for the duration of their life?
AFee simple absolute
BLife estate (usufruct for life in Louisiana)✓ Correct
CTenancy at will
DJoint tenancy
Explanation
A life estate (analogous to a usufruct for life under Louisiana Civil Law) gives the holder the right to occupy and use the property for the duration of their life. Upon death, the property reverts to the owner or a designated remainderman.
Related Louisiana Property Ownership Questions
- In Louisiana, 'usufruct' is a right that allows a person to:
- A Louisiana property owner dedicates land to the public for use as a road. This is an example of:
- Under Louisiana law, a 'naked owner' of property subject to a usufruct:
- In Louisiana, a 'sale with assumption of mortgage' differs from a 'sale subject to mortgage' in that with an assumption:
- Louisiana's 'forced heirship' law protects certain heirs by:
- In Louisiana, a 'habitation' servitude is:
- In Louisiana, 'component parts' of immovable property are things that:
- In Louisiana, when a married person dies leaving a surviving spouse and separate property, the separate property passes according to:
Practice More Louisiana Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Louisiana Quiz →