n. the right to use or occupy real property for one's life. Often this is given to a person (such as a family member) by deed or as a gift under a will with the idea that a younger person would then take the property upon the death of the one who receives the life estate. Title may also return to the person giving or deeding the property or to his/...
Found on
http://dictionary.law.com/Default.xhtml?selected=1162
In common law and statutory law, a life estate is the ownership of land for the duration of a person`s life. In legal terms it is an estate in real property that ends at death when ownership of the property may revert to the original owner, or it may pass to another person. The owner of a life estate is called a `life tenant`. Although the owne......
Found on
http://en.wikipedia.org/wiki/Life_estate
(from the article `property law`) One of the possible temporal divisions of ownership in Anglo-American law, the life estate and the remainder in fee, has already been considered. In ...
Found on
http://www.britannica.com/eb/a-z/l/48
Is the conveyance of title to a property for duration of the life of the grantee.
Found on
http://www.encyclo.co.uk/local/20965
The right to have all of the benefit from a property during one's lifetime. The person with the right doesn't own the property, and when he or she dies, the property is not included in his or her estate.
Found on
http://www.encyclo.co.uk/local/21196
(n) Life Estate is the right to occupy, possess or otherwise use a property during one's life time. The right in the property exists so as the right holder is alive. After his or her death it reverts to the title holder or the survivor mentioned in the deed of bestowing life estate.
Found on
http://www.encyclo.co.uk/local/21213
The right to the use and enjoyment of certain property (usually real estate) for life only. So someone who inherits a life estate in a house may live in the house for his or her life but has no right to sell it or to leave it at death. Life estates aren't as commonly used as they once were, but are still useful in certain situations. For example, a...
Found on
http://www.nolo.com/dictionary/life-estate-term.html
[
n] - (law) an estate whose duration is limited to the life of the person holding it
Found on
http://www.webdictionary.co.uk/definition.php?query=life%20estate
estate for life noun (law) an estate whose duration is limited to the life of the person holding it
Found on
https://www.encyclo.co.uk/local/20974
An estate in real property for the life of a living person. The estate then reverts back to the grantor or on to a third party.
Found on
https://www.encyclo.co.uk/local/21390
No exact match found.
