Patsy possesses twenty-four acres of remote, rugged land. Patsy has the right to use the property, including extracting silver from an existing mine, for life. Patsy also has the right to lease the land for a period not to exceed her life. This ownership interest is

A. a fee simple absolute.
B. a leasehold estate.
C. a life estate.
D. the power of eminent domain.


Answer: C

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