Final answer:
The owner of a remainder estate becomes the property owner after the end of a life estate, which allows property to transfer without probate upon the life tenant's death.
Step-by-step explanation:
An individual who holds a remainder estate becomes the property owner at the conclusion of a life estate. A life estate is an interest in property that allows someone, known as the life tenant, to use the property for the duration of their life. Once the life tenant passes away, the property transfers to the holder of the remainder estate, who then becomes the full owner of the property. This type of estate planning ensures a smooth transition of property ownership without going through probate.