Updated over 8 years ago on . Most recent reply
Taking prelicensing courses, stumped by this question.
Which does NOT describe a real property interest for a limited period of time?
A-defeasible fee estate
B-leasehold estate
C-life estate
D-life estate pur autre vie
I answered A, because the time is not limited as long as certain conditions do not occur. But the correct answer is B. How is this true? A leasehold estate is for a limited period of time is it not?