Which of the following refers to the types of life estates?

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Life estates are a specific type of property ownership that grants an individual the right to use and enjoy a property for the duration of their life. The correct answer highlights key components associated with life estates.

"Reversion" refers to the original owner's right to reclaim the property upon the death of the life tenant. "Remainderman" is a party designated to receive the property once the life estate ends. "Pour autre vie," which translates to "for another's life," describes a life estate that is measured by the life of someone other than the life tenant. Together, these terms encompass the different facets of life estates and outline the transitions of ownership that occur after the life tenant's rights conclude.

The other options do not align with the concept of life estates. Remainder interests, while related, do not comprehensively describe the various types of life estates or ownership scenarios. Joint ventures pertain to business partnerships and not property ownership types. Instances of contract law deal with agreements and obligations in legal relationships, which do not specifically pertain to the classification of life estates.

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