Multiple Choice
Which does NOT apply when a life estate is created and a reversion is retained?
A) The grantee is the only person entitled to a reversion.
B) The real property that reverts does not go through the probate process of the life tenant's estate.
C) The grantor can transfer the reversion by deed or will.
D) The reversion is not lost if the grantor dies before the grantee.
Correct Answer:

Verified
Correct Answer:
Verified
Q19: Which is (are) an example(s) of intangible
Q20: A United States savings bond payable upon
Q21: MATCHING<br>-An estate in which the owner has
Q22: Which is an example of tangible personal
Q23: Which is NOT used to determine if
Q25: No notice to terminate is required for
Q26: In order for a joint tenancy to
Q27: MATCHING<br>-A future estate in real property that
Q28: Which is an example of real property?<br>A)Crops
Q29: Real property is property that is immovable,