Property Ownership

Texas real estate law recognizes 'economic waste' in the context of:

AEnvironmental contamination of property
BA life tenant's obligation not to damage, destroy, or significantly diminish the value of the property to the detriment of the remainderman✓ Correct
COverbuilding improvements relative to market demand
DFailure to pay property taxes

Explanation

A life tenant has the right to use the property but must not commit waste (damage that reduces the property's value). Voluntary waste (affirmative acts of destruction) and permissive waste (allowing deterioration through neglect) can give the remainderman legal remedies.

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