Escrow & Title
An Oklahoma property owner who wants to give their child the property now but retain the right to use it for life can use a:
AQuitclaim deed with a reverter clause
BLife estate deed, conveying a remainder interest to the child while retaining a life estate for themselves✓ Correct
CMortgage instrument
DLease agreement only
Explanation
A life estate deed conveys a remainder interest (future ownership) to the child while the grantor retains a life estate — the right to use, occupy, and receive income from the property for the rest of their life. At death, the remainderman (child) receives full ownership.
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