Certain obligations exist with Life Estates in Effect: a) Owner does not possess the property, has no rights to rent the property, does not maintain the property, responsible for none of the costs and expenses, and you hold possession as long as you live. If you die, the estate reverts back to me as an 'estate in remainder. b) Owner does possess the property, has rights to rent the property, does maintain the property, is responsible for the costs and expenses, and you hold possession as long as you live. If you die, the estate reverts back to me as an 'estate in remainder'. c) Owner does not possess the property, has rights to rent the property, does not maintain the property, responsible for none of the costs and expenses, and you hold possession as long as you live. If you die, the estate reverts back to me as an 'estate in remainder'. d) Owner does not possess the property, has no rights to rent the property, does not maintain the property, responsible for none of the costs and expenses, and you hold do not possession as long as you live. If you die, the estate reverts back to me as an 'estate in remainder.
Certain obligations exist with Life Estates in Effect: a) Owner does not possess the property, has no rights to rent the property, does not maintain the property, responsible for none of the costs and expenses, and you hold possession as long as you live. If you die, the estate reverts back to me as an 'estate in remainder. b) Owner does possess the property, has rights to rent the property, does maintain the property, is responsible for the costs and expenses, and you hold possession as long as you live. If you die, the estate reverts back to me as an 'estate in remainder'. c) Owner does not possess the property, has rights to rent the property, does not maintain the property, responsible for none of the costs and expenses, and you hold possession as long as you live. If you die, the estate reverts back to me as an 'estate in remainder'. d) Owner does not possess the property, has no rights to rent the property, does not maintain the property, responsible for none of the costs and expenses, and you hold do not possession as long as you live. If you die, the estate reverts back to me as an 'estate in remainder.
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Transcribed Image Text:Certain obligations exist with Life Estates in Effect:
a) Owner does not possess the property, has no rights to rent the property, does
not maintain the property, responsible for none of the costs and expenses, and
you hold possession as long as you live. If you die, the estate reverts back to me
as an 'estate in remainder.
b) Owner does possess the property, has rights to rent the property, does
maintain the property, is responsible for the costs and expenses, and you hold
possession as long as you live. If you die, the estate reverts back to me as an
'estate in remainder'.
c) Owner does not possess the property, has rights to rent the property, does not
maintain the property, responsible for none of the costs and expenses, and you
hold possession as long as you live. If you die, the estate reverts back to me as an
'estate in remainder'.
d) Owner does not possess the property, has no rights to rent the property, does
not maintain the property, responsible for none of the costs and expenses, and
you hold do not possession as long as you live. If you die, the estate reverts back
to me as an 'estate in remainder.
a
b
C
d
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