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8 July, 11:25

The remnant of an estate that the grantor holdsafter he's granted a life estate to another person, ifthe estate will return to the grantor, is called:

A) reversionary interest

B) reversionary right

C) reversion

D) remainder estate

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Answers (1)
  1. 8 July, 14:07
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    The remnant of an estate that the grantor holds after he's granted a life estate to another person if the estate will return to the grantor, is called D) Reversion

    Step-by-step explanation:

    The correct answer is D) Reversion because, according to the Real Estate definitions, reversionary interest refers to future interest that reverts to a grantor, reversionary right refers to the return of the rights of the possession and quiet enjoyment to the lessor at the expiration of a lease and remainder estate refers to the remnant of an estate that has been conveyed to take effect and be enjoyed after the termination of a prior estate.
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