Property Ownership
A NH property owner who holds a life estate may:
ASell the property in fee simple to any buyer
BUse and enjoy the property during their lifetime but cannot convey more than a life estate interest✓ Correct
CPass the property to heirs upon death
DMortgage the property for more than the life estate's value
Explanation
A life estate holder (life tenant) can use and enjoy the property during their lifetime and can even sell or mortgage their interest—but only their life estate interest, not the fee simple. Upon their death, the property passes to the remainderman as specified in the original conveyance.
Related New Hampshire Property Ownership Questions
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