Fact Pattern 8-1 Jill Recently Inherited Money from Her Old Aunt Maude. Jill

Multiple Choice

Fact Pattern 8-1
Jill recently inherited money from her old aunt Maude. Jill decided to buy beach-front property in Beaufort, South Carolina. Jill's new property consists of 3 acres of land, with direct access to the ocean. When she bought the land there is no home on it, but she wants to build a beach home in the future. A year after she bought the lovely lot, the city of Beaufort rezones the land, prohibiting any building so that other residents can enjoy the view.
-Refer to Fact Pattern 8-1. Suppose that one year after she buys her land, Jill gives her sister Kate the right to use the 3 acres of beach-front property so long as she lives. This is known as:

A) a fee defeasible
B) a fee simple
C) a life estate
D) a remainder interest
E) a past interest