Lifetime interests in property can produce income under certain circumstances according to Ohio law. What can they produce?

Lifetime interests in property can indeed produce various forms of income, and in Ohio law, one notable type is royalties from oil and gas production. When individuals hold lifetime interests in property that includes resources like oil and gas, they can derive substantial income from the extraction and sale of these resources. This is particularly relevant in areas where oil and gas reserves are abundant, providing a continuous revenue stream for the holder of the lifetime interest.

Other forms of income associated with properties, such as rental income or income from public grants, are not typically linked specifically to lifetime interests in the same way that royalties from natural resources are. The uniqueness of royalties stems from the nature of the resource itself, where the value isn't just in the surface land but in the rights to extract what lies beneath it, which can significantly enhance the earnings potential of the property. Therefore, the correct answer focuses on the specific and significant type of income that can arise from lifetime interests in property under Ohio law.