Multiple Choice
Rod possesses five hundred acres of forested property. He has the right to use the land, including cutting its timber, for life. He also has the right to lease the land for a period not to exceed his life. This ownership interest is
A) a fee simple absolute.
B) a leasehold estate.
C) a life estate.
D) an easement.
Correct Answer:

Verified
Correct Answer:
Verified
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