Author Question: CERCLA liability does not extend to lessors of property. Indicate whether the statement is true or ... (Read 96 times)

bio_gurl · **on:** Jun 24, 2018

CERCLA liability does not extend to lessors of property.
Indicate whether the statement is true or false

Question 2

Wynona O'Brien owned a house located on the corner of Ash and Maple Streets in the town of Meridian, Iowa. Ms. O'Brien had lived there all of her life, having inherited the house from her parents when they passed away. The will of her father left the home to Wynona's mother with the language, I leave my interest in our house to my wife. When Wynona's mother died, her will provided, I leave our house to my daughter, Wynona. Wynona made the following gift to the historical society, I hereby convey the O'Brien house to the Meridian Historical Society, reserving a life estate in our house for me. Which of the following statements best describes the ownership positions of the parties?
A) Wynona has a life estate and the Meridian Historical Society has a remainder.
B) Wynona did not take good title to the home through her mother's will.
C) The historical society has full title to the property because there could be no mistaking what property is meant by the grant.
D) The description in the grant to the Meridian Historical Society is legally insufficient.