Which aspect of real estate is NOT a characteristic of a life estate?

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A life estate is a type of property ownership that lasts for the duration of a person's life. When an individual has a life estate, they have certain rights associated with that property, but these rights are not inheritable by their heirs. Upon the death of the individual holding the life estate, the property typically reverts back to the original owner or to a pre-determined party, which is referred to as the remainderman.

The limited duration of a life estate corresponds to the life of the individual who holds it, highlighting that these rights do not extend beyond their lifetime. Furthermore, possession rights are granted to the life tenant, allowing them to use and enjoy the property while they are alive. Hence, the fact that a life estate is not inheritable is a defining characteristic that distinguishes it from other forms of property ownership.

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