Property Ownership
A life estate conveys property ownership that:
APasses automatically to the owner's heirs upon death
BLasts only for the duration of a specified person's life✓ Correct
CCannot be sold or transferred under any circumstances
DReverts to the state upon the holder's death
Explanation
A life estate is an ownership interest that lasts for the lifetime of a specified person (the measuring life). Upon that person's death, the property passes to the remainderman or reverts to the grantor.
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