Arizona Real Estate License Practice Exam 2025 – All-in-One Resource to Pass with Confidence!

In this scenario, the son has a remainder interest in the property. A remainder interest is a future interest in real property that is created when a life estate is established. In this case, the father granted the daughter a life estate, which allows her to possess and use the property during her lifetime. Upon her death, the property does not revert back to the father; instead, it automatically passes to the son, thus granting him the remainder interest.

This interest ensures that the son has a vested right to the property once the daughter no longer has an interest in it. It's important to note that a reversion interest would imply that the property would revert back to the original owner (the father) after the life tenant (the daughter) passes away, which is not the case here. Homestead interest and riparian interest refer to different legal concepts that do not apply to this situation regarding future interests in real estate.