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 93 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
Excellent

bimper21

  • Member
  • Posts: 309
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Differences in the songs of Galapagos finches. Differences in the songs of Galapagos finches.
Basic overview of energy and human life. Basic overview of energy and human life.
Life Is Abundant in Soil Life Is Abundant in Soil
Life cycle of Plasmodium vivax Life cycle of Plasmodium vivax
Structural similarities between antimetabolites and their natural counterparts. Structural similarities between antimetabolites and their natural counterparts.
A simple pendulum of length 2.5 m m makes 5.0 complete swings in 16 s s . What is the ... A simple pendulum of length 2.5 m m makes 5.0 complete swings in 16 s s . What is the ...
Video: Febrile Seizure

For a complete list of videos, visit our video library