Real property can be owned in several ways: a fee simple, a life estate, a leasehold estate, and an easement. What are the advantages and disadvantages (if any) for the form of real estate ownership known as a life estate. Consider any risks and benefits on the ease of sale or transfer and the ability to stay in possession, to the exclusion of others.
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Real property can be owned in several ways: a fee simple, a life estate, a leasehold estate, and an easement.
- What are the advantages and disadvantages (if any) for the form of real estate ownership known as a life estate.
- Consider any risks and benefits on the ease of sale or transfer and the ability to stay in possession, to the exclusion of others.
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