In the transfer "A to B for life, then to C," what kind of interest does C have?

In the transfer "A to B for life, then to C," what kind of interest does C have?

• A. A has a fee simple interest.
• B. B has a reversionary interest.
• C. C has a remainder interest.
• D. A has a future interest.

Answer: (C)

In the transfer "A to B for life, then to C," C holds a remainder interest. This is because a remainder interest is the right to receive property upon the termination of a prior interest, in this case, the life estate held by B. When a life estate is established, the property is transferred to the life tenant (B) for as long as they are alive, and once that interest ends, the property automatically passes to the remainderman (C). This distinction is important in property law because it clarifies the nature of ownership and rights associated with an estate. A remainder interest is a present interest held in future enjoyment of the property, ensuring that once the preceding interest concludes, C has the right to occupy or benefit from the property without further condition. Thus, the correct answer accurately identifies the legal rights of C in this scenario.

In the transfer "A to B for life, then to C," C holds a remainder interest. This is because a remainder interest is the right to receive property upon the termination of a prior interest, in this case, the life estate held by B. When a life estate is established, the property is transferred to the life tenant (B) for as long as they are alive, and once that interest ends, the property automatically passes to the remainderman (C).

This distinction is important in property law because it clarifies the nature of ownership and rights associated with an estate. A remainder interest is a present interest held in future enjoyment of the property, ensuring that once the preceding interest concludes, C has the right to occupy or benefit from the property without further condition. Thus, the correct answer accurately identifies the legal rights of C in this scenario.