Taka grants land “to Haruka for the life of Harry.” Which statement best characterises the resulting proprietary arrangement?

Question

Answer

Haruka holds a life estate that terminates upon Harry’s death, regardless of her own survival.

Answer

Haruka holds a fee simple defeasible upon Harry’s death.

Answer

Haruka holds a life estate measured by her own lifespan.

Answer

Haruka holds a leasehold interest determinable by a third party.

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