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Florida Real Estate Exam

Category - Florida

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Freehold estates would include which of the following:

A life estate
A leasehold estate
An estate for years
All of the above

Explanation

Answer A - A life estate, because it is inheritable and of an indefinite duration and completely transferable, would be considered to be a freehold estate. The leasehold estate and estate for years would be less-than-freehold estates.

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Florida Real Estate Exam

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