Property Ownership
Under Tennessee law, a life estate grants the life tenant the right to use the property during their lifetime, but the life tenant may NOT:
ALease the property for up to 3 years
BCollect rents from tenants
CCommit waste that permanently damages the property's value✓ Correct
DLive on the property
Explanation
A life tenant may use, lease, and collect income from the property, but cannot commit waste — actions that permanently damage or diminish the property's value — as this would harm the remainderman's future interest.
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