The correct answer is A, Freehold estate. A life estate is an ownership interest in real property whose duration is measured by a human life.
The life tenant has a present possessory ownership interest and generally enjoys rights of possession and use during the measuring life. The interest ends when the measuring life terminates, at which point ownership passes according to the instrument creating the estate—either back to the grantor through a reversion or to another identified person through a remainder.
A non-freehold estate is a leasehold interest, such as an estate for years or periodic tenancy, and does not represent the same ownership status.
An estate at sufferance occurs when a tenant who originally entered possession lawfully remains after the right to possession has expired without the landlord ' s consent.
A life estate also is not inherently co-ownership. One life tenant can hold the present estate while another person holds a separate future interest.
Study Guide Reference: Property Ownership — Freehold Estates; life estates, remainders and reversions.
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