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A person who receives a fee interest following the termination of a prior estate is called: Select one:

a. A grantor
b. A remainderman
c. A lessee
d. A trustee

User Guzba
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1 Answer

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Final answer:

In property law, the person who receives a fee interest after a prior estate ends is known as a remainderman. This individual inherits the property following the expiration of a life estate.

Step-by-step explanation:

A person who receives a fee interest following the termination of a prior estate is called b. A remainderman. In real estate and property law, a remainderman is someone who inherits or is entitled to inherit property upon the expiration of the life estate of the current holder of the property. The current holder could be a life tenant with rights to the property during their lifetime, and upon their passing, the property then fully transfers to the remainderman.

User Jackie Santana
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