Noun:

ਲਾਈਫ ਅਸਟੇਟ,

life estate's Usage Examples:

and obligations of the freehold, an heir or tenant has the rights to emblements from the life estate in certain cases (i.

statement in a deed of real estate which reserves certain rights to the transferor (for example, easements, mineral rights, or a life estate).

Isaac managed and ultimately inherited Enniscorthy, subject to a life estate held by his mother, who died in 1826.

incorporated into Grand Teton National Park upon the expiration of a life estate.

Beulah"s life estate would have been a vested interest as the conveyance was written, but that vested interest is wiped out by the doctrine of worthier.

A person found to have committed voluntary waste without the written permission of the holder of the future interest is forced to pay treble damages to the holder of the future interest, and the person's present interest (whether a life estate or a lease) is automatically terminated.

In common law and statutory law, a life estate (or life tenancy) is the ownership of immovable property for the duration of a person"s life.

If a life estate can be sold, a sale does.

It can also arise when a life tenant alienates his life estate to another, whereby the person to whom the.

Rather, such language may be construed to convey to the tenant a life estate or even a fee simple.

the context of a will, a testator may devise a simple life estate to a devisee.

The owner of a life estate is called a "life tenant".

lien Lien holder – person who benefit from the lien Life estate Life tenant – owner of a life estate Like-kind property exchange Limited liability company.

Synonyms:

holding, estate for life, jointure, legal jointure, property, gross estate, net estate, life estate, belongings,

Antonyms:

activeness, perfection, inactivity, union, employment,