Question

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

• A. Legal and equitable ownership
• B. Sole ownership and co-ownership
• C. Trust and beneficial ownership
• D. Fragmentation of ownership in respect of time

Hint:

Life interest + future absolute ownership = fragmentation of ownership in respect of time.

Answer 1

The Correct Option is D

Concept: Ownership can be divided not only by rights but also by time. This is called fragmentation of ownership in respect of time.

• One person can have present ownership.

• Another can have future ownership.

• Rights are transferred sequentially.
Step 1: Understand the given situation.
Here: \[ A \rightarrow B \text{ for life} \] means B gets ownership only during his lifetime.

Step 2: Analyze future ownership.
After B's death: \[ C \text{ gets the property absolutely} \] This means C has future ownership rights.

Step 3: Interpret the legal concept.
Ownership is divided: Presently to B and later to C Thus, ownership is fragmented according to time.

Step 4: Final conclusion.
Hence, the correct answer is: \[ \boxed{\text{Fragmentation of ownership in respect of time}} \]