true or false
A grantor of a life estate in real property maintains a reversion estate.
false
True.
To determine if a grantor of a life estate in real property maintains a reversion estate, you need to understand the concepts of life estate and reversion estate. Here's how you can arrive at the correct answer:
1. Understand the concept of a life estate: A life estate is a type of property interest that grants someone the right to use and occupy a property for the duration of their life. The person who holds the life estate is called the "life tenant." Once the life tenant passes away, the life estate ends.
2. Understand the concept of a reversion estate: A reversion estate is a future interest in real property that a grantor retains after granting a life estate to someone else. In other words, when the life tenant dies, the property reverts back to the grantor or the grantor's estate.
3. Apply the concepts to the statement: In the given statement, it says that the grantor of a life estate maintains a reversion estate. This means that the grantor retains the right to possess the property once the life tenant's interest ends.
Based on the understanding of life estates and reversion estates, it is true that a grantor of a life estate in real property maintains a reversion estate.