Asked by I'marii Willss on Jun 16, 2024
Verified
Frank is a life tenant to a house from his uncle. Which of the following statements is true regarding the house?
A) Frank must live in the house.
B) Frank may tear down the house.
C) Frank may not do anything to the house that would reduce its value for the owner of the future interest in it.
D) None of these choices is correct.
Life Tenant
An individual who has the right to use and benefit from property during their lifetime, after which the property passes to another designated party.
Reduce Its Value
An action or event that decreases the worth of something, affecting its marketability or usefulness.
Future Interest
An interest in real or personal property that will begin at a future date through a legal arrangement, such as a will or trust.
- Gain insight into the diverse models of property holding and the rights affiliated with them.
- Comprehend the legal constraints and rights regarding property usage, encompassing zoning rules and easements.
Verified Answer
MM
mariama mohamedJun 21, 2024
Final Answer :
C
Explanation :
Life tenants, like Frank, have the responsibility to preserve the property's value for future interest holders, meaning they cannot undertake actions that would diminish the property's worth.
Learning Objectives
- Gain insight into the diverse models of property holding and the rights affiliated with them.
- Comprehend the legal constraints and rights regarding property usage, encompassing zoning rules and easements.