medium · National Real Estate Exam Property Ownership
During the term of a life estate, the life tenant fails to pay the annual property taxes, leading to a tax lien against the property.
This failure to act is legally classified as:
- A valid exercise of the right of quiet enjoyment.
- An act of waste against the future interest.
- Actual eviction of the remainderman.
- A breach of the covenant of further assurance.
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