S now owns the store a. as a joint tenant with rights of survivorship. F has the legal right to occupy and use a certain residential structure. Fee simple b. Life estate 3. Income earned by either party prior to the marriage 4.
E lives in an apartment building.
The land and structures are owned by a corporation, with one mortgage loan covering the entire property. Like the other residents, E owns stock in the corporation and has a lease to his apartment. V and N are co-owners of a fee simple interest in a small office building. N dies intestate and leaves no estate to be distributed to his heirs. An ownership interest that is based on annual occupancy intervals is the a. leasehold.