Property Ownership
A life estate in New Hampshire grants the life tenant the right to:
AOwn the property indefinitely and pass it to heirs
BUse and enjoy the property for the duration of a specified person's life✓ Correct
CMortgage the property without restriction
DPermanently transfer title to a third party
Explanation
A life estate grants the life tenant the right to use and enjoy the property for the duration of a designated person's life (pur autre vie) or the tenant's own life. The property then passes to the remainderman.
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