Which of the Following Is Not a Feature of a Life

question 48

Multiple Choice

Which of the following is not a feature of a life estate?

• A)Ownership held for a lifetime.
• B)The owner of the life estate can sell the property but cannot bequeath it in their will.
• C)Ownership in the 'remainder' passes after a particular life has ended.
• D)The owner of the life estate is entitled to rent and income from the property during their lifetime.

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Definitions:

Marketing Research

Marketing Research involves gathering, analyzing, and interpreting information to aid in making informed marketing decisions.

Bookkeeping Service

Involves the recording of financial transactions and is part of the process of accounting in business, ensuring accurate financial records are kept.

Marketing Research Process

An organized series of steps taken to gather and analyze information to help in marketing decision-making.

Secondary Data

Information that has been previously collected and published by others, used for research or analysis.