Property Ownership

Under Massachusetts law, a 'life estate' grants the life tenant the right to:

AUse and enjoy the property for the duration of their life, subject to waste restrictions✓ Correct
BSell the property in fee simple to a third party
CDevise the property through their will
DEncumber the property beyond their lifetime

Explanation

A life tenant may use and enjoy the property during their lifetime but may not commit waste (actions that permanently damage the property's value) or encumber the property beyond their life estate. The remainder interest holder's rights must be protected.

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