Property Ownership
A Vermont property held in a life estate is described as a freehold estate. The life tenant has the right to:
AWill the property to their heirs
BUse, occupy, and enjoy the property during their lifetime✓ Correct
CSell the property in fee simple without the remainderman's consent
DMortgage the property beyond the duration of the life estate
Explanation
A life tenant has the right to use and enjoy the property during their lifetime. However, their interest ends at death — they cannot will the property. Any sale transfers only the life tenant's interest, and the remainderman's consent may be needed for a marketable title.
Related Vermont Property Ownership Questions
- A Vermont 'cooperative' (co-op) housing structure differs from a condominium in that co-op residents:
- Vermont's 'unity of time' requirement for joint tenancy means all joint tenants must:
- Vermont's 'cemetery deed' or burial ground on a property:
- Vermont's 'Vermont Clean Heat Standard' affects residential real estate by:
- Vermont's 'building envelope' in a subdivision refers to:
- Vermont's 'registered land' system (Torrens system) is:
- Vermont's 'Current Use Program' provides tax benefits to qualifying agricultural and forest lands by assessing them at:
- Vermont's 'gross lease' for residential rentals means:
Practice More Vermont Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Vermont Quiz →