hard · National Real Estate Exam
Elena holds a life estate pur autre vie, measured by the life of her father, Fernando. Elena devises her interest in the property to her daughter, Gina.
If Elena dies while Fernando is still living, what is the status of the property?
- The property reverts to the original grantor immediately upon Elena's death.
- Fernando acquires the property in fee simple absolute.
- The life estate is extinguished and the remainderman takes possession.
- Gina holds the life estate until Fernando dies.
Sign up free to see the explanation and track your rank →
More National Real Estate Exam practice
- A broker's employment contract with a seller is officially called the:
- What is the current status of the contract?
- A buyer defaults on a purchase agreement, and the seller chooses to keep the earnest money
- A buyer makes a written offer to a seller. Two days later, before the seller has responded
- A contract for the sale of a property is signed. Before closing, the property is destroyed
- A contract for the sale of real estate that has been signed by both parties is valid, but
- A contract that is valid and binding but allows one party to avoid the agreement because o
- A contract that is valid and enforceable until it is canceled by a party who was a victim