Property Ownership
In North Dakota, a 'life estate' grants the life tenant the right to:
AOwn the property permanently with full inheritance rights
BUse and enjoy the property during their lifetime, with the remainder passing to designated remaindermen✓ Correct
CSell the property and keep all proceeds
DEncumber the property with liens that bind the remaindermen
Explanation
A life estate grants the life tenant the right to use, possess, and enjoy the property during their lifetime. Upon death, the property passes to the remaindermen. The life tenant cannot sell a fee simple interest or encumber the remainder interest.
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