This topic contains a solution. Click here to go to the answer

Author Question: Discuss the differences and similarities between a life estate and a fee simple ... (Read 42 times)

nelaaney

  • Hero Member
  • *****
  • Posts: 560
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
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


raenoj

  • Member
  • Posts: 340
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

For a complete list of videos, visit our video library