This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Discuss the differences and similarities between a life estate and a fee simple ... (Read 54 times)

nelaaney

  • Hero Member
  • *****
  • Posts: 560
on: Jun 24, 2018
Discuss the differences and similarities between a life estate and a fee simple absolute.

Question 2

A nonnegotiable instrument's terms are not enforceable.
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

gabrielle_lawrence

  • Sr. Member
  • ****
  • Posts: 353
Reply #1 on: Jun 24, 2018
Answer to Question 1

Life estate - transferable
noninheritable

use restrictions

freehold

Fee simple - transferable

inheritable

no use restrictions

freehold

Answer to Question 2

FALSE


nelaaney

  • Member
  • Posts: 560
Reply 2 on: Jun 24, 2018
:D TYSM

jackie

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Wasp ocelli (simple eyes) and dorsal part of the compound eyes; also showing fine, unbranched hairs Wasp ocelli (simple eyes) and dorsal part of the compound eyes; also showing fine, unbranched hairs
Prokaryotic cells are have a relatively simple structure Prokaryotic cells are have a relatively simple structure
Free energy diagrams for the simple reaction A ----> B Free energy diagrams for the simple reaction A ----> B
The impact of industry and manufacturing on our life The impact of industry and manufacturing on our life
Life cycle of the beef tapeworm (Taenia saginata). Life cycle of the beef tapeworm (Taenia saginata).
Life cycle of Dictyostelium discoideum, a cellular slime mold Life cycle of Dictyostelium discoideum, a cellular slime mold
Video: Introduction to Eating Disorders

For a complete list of videos, visit our video library