Property Ownership
Oklahoma recognizes the concept of a life estate. The person who holds a life estate:
AOwns the property in fee simple forever
BHas the right to use and occupy the property during their lifetime, but cannot sell fee simple title beyond their life interest✓ Correct
CCan mortgage the property in fee simple
DAutomatically inherits the full fee interest at death
Explanation
A life estate holder has a possessory interest limited to their lifetime. They can use, occupy, lease, and mortgage their interest, but cannot convey more than a life estate. At their death, the property passes to the remainderman.
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