asked 42.7k views
0 votes
An ordinary life estate is one whose duration is measured by:

A. The life of the tenant.
B. A specific term.
C. The life of the grantor.
D. The life of a third party.

1 Answer

5 votes

Final answer:

An ordinary life estate is one whose duration is measured by the life of the tenant.

Step-by-step explanation:

An ordinary life estate is one whose duration is measured by the life of the tenant. This means that the tenant has the right to live on the property for the duration of their life. When the tenant passes away, the life estate ends and ownership of the property reverts back to the original owner.

answered
User Firedrawndagger
by
8.0k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.