Property Ownership
A West Virginia property owner donates their property to a charity but retains the right to live in the property for the rest of their life. They have created:
AA fee simple absolute
BA life estate with remainder to the charity✓ Correct
CA leasehold interest for the owner
DA reversionary interest for the charity
Explanation
When the owner retains the right to live on the property for their lifetime (life estate) and gives the remainder to the charity (remainder interest), they have created a life estate. The charity holds the remainder and takes possession at the life tenant's death.
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