Property Ownership
In New Jersey, a life estate owner (life tenant) may NOT do which of the following without the remainderman's consent?
ALive in the property
BCollect rents during their lifetime
CSell or encumber the fee simple interest✓ Correct
DMake ordinary repairs
Explanation
A life tenant's interest is limited to their lifetime. They cannot sell or mortgage the fee simple estate because the remainderman holds a future interest that is not the life tenant's to convey.
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