A conveys land to B for life and thereafter to C absolutely. This is an example of ______.

Sole ownership and Co-ownership

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Trust and ownership

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Legal and equitable ownership

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Fragmentation of ownership in respect of time

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C Legal and equitable ownership
Legal ownership refers to the responsibilities and duties that the owner of the property has towards the property. while equitable ownership refers to the enjoyment rights of the property. Here, when A conveys land to B for life and thereafter to C, they are given the legal and equitable rights as well. Hence the correct answer is C.

Suggest Corrections