A Future Interest Remaining in a Grantor of Property Who

question 71

Multiple Choice

A future interest remaining in a grantor of property who transfers away less than his entire interest is called a:

• A) reversion.
• B) remainder.
• C) life estate.
• D) fee simple absolute.

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Definitions:

Decisions

Choices made after considering various possibilities to achieve a specific goal or resolve a problem.

Childhood Experience

Events and interactions during early years of life that significantly influence an individual's development and personality.

Capitulating

Surrendering or giving in to someone or something, often after a struggle or conflict.

Negative Emotions

Feelings or emotional states that are unpleasant or detrimental, such as sadness, anger, or fear.