113k views
1 vote
When a life estate is created by the fee simple owner and a future estate is simultaneously created, the future estate is postponed until:

A) The termination of the life estate.
B) The expiration of the fee simple.
C) The death of the future estate holder.
D) The creation of another life estate.

User Entheh
by
8.1k points

1 Answer

2 votes

Final answer:

A future estate is postponed until the termination of the life estate.

Step-by-step explanation:

When a life estate is created by the fee simple owner and a future estate is simultaneously created, the future estate is postponed until the termination of the life estate. A life estate is a type of ownership interest in land that only lasts for the duration of someone's life. Therefore, the future estate is postponed until the current life estate holder passes away.

User Bharatwaja
by
8.4k points