Property Ownership

In Ohio, a 'remainderman' in a life estate is the person who:

AHas the right to use the property during the life tenant's lifetime
BReceives fee simple title to the property when the life estate ends✓ Correct
CManages the property during the life tenancy
DPays property taxes during the life tenancy

Explanation

The remainderman holds a future interest and receives fee simple title to the property when the life estate terminates — typically upon the death of the life tenant or the measuring life.

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