Property Ownership
A life estate in Vermont grants the life tenant:
AOwnership in fee simple
BThe right to use and possess the property for their lifetime✓ Correct
COwnership rights that pass to their heirs
DA leasehold interest only
Explanation
A life estate grants the holder (life tenant) the right to use and enjoy the property during their lifetime. Upon the life tenant's death, the property passes to the remainderman — not the life tenant's heirs.
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