What is a fundamental characteristic of a life use property right?

A fundamental characteristic of a life use property right is that it grants the right to use and occupy the property for an individual's lifetime only. This type of property right is created in such a manner that it terminates upon the death of the individual who holds the life estate.

The essence of a life use property right is tied to the concept of life tenancy, where the beneficiary will have exclusive rights to the property and is responsible for its maintenance and taxes during their lifetime. After the individual passes away, the property does not belong to them anymore; it reverts back to the original owner or passes to a predetermined remainderman. This is crucial for estate planning and property management.

The other options do not accurately reflect the nature of a life use property right, as they suggest broader ownership or transfer capabilities that are not inherent in a life estate.