Property Ownership
A life estate grants the life tenant the right to:
AOwn the property indefinitely regardless of their death
BUse and possess the property during their lifetime, after which ownership passes to the remainderman✓ Correct
CSell the property and keep all proceeds
DTransfer the property to their heirs upon death
Explanation
A life estate grants the right to use and possess property for the duration of the life tenant's life. Upon their death, title automatically passes to the remainderman named in the deed.
Related Nebraska Property Ownership Questions
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