Property Ownership
In Montana, a 'remainder interest' in real property is held by the person who:
AHolds the current life estate
BWill receive fee simple ownership of the property when the life estate ends upon the measuring life's death✓ Correct
CHas a right of first refusal
DHolds a future interest in leased property
Explanation
The remainderman holds the remainder interest—the future right to receive fee simple ownership when the life estate terminates (upon the death of the life tenant). The remainderman has a present property interest but deferred possession.
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