Many States Have Enacted Laws That Determine the Flow of Ownership

Multiple Choice

Many states have enacted laws that determine the flow of ownership rights of real property in the case of the owner's death.For example,in the state of Florida if a family residence is declared a homestead and the owner of the property passes away,the surviving spouse and children will have automatic interests in the property.This type of estate is more commonly referred to as:

A) Legal life estate with remainder interest
B) Ordinary life estate with remainder interest
C) Fee simple conditional interest
D) Periodic tenancy