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Question
Pete possesses a parcel of land. Pete has the right to use the property, including extracting gold from the land through an existing mine, for life. Pete also has the right to lease the land for a period not to exceed his life. This ownership interest isa. a fee simple absolute.
b. a leasehold estate.
c. a life estate.
d. the power of eminent domain.
Answer
This answer is hidden. It contains 1 characters.
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Fact Pattern 41-1
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Fact Pattern 41-1
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