| 词汇 | life-estate |
| 释义 | life estate noun[ C ] LAW, PROPERTYukus the legal right to own and control a property, such as a building or piece of land, for the length of time that you are alive: The life estate deed allows the older couple to own the house for the rest of their lives. Compare freeholdnoun leaseholdnoun Examples of life estatelife estate A lifeestate can avoid probate and ensure that an intended heir will receive title to real property. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. This can be a living trust, also called an inter vivos trust, in combination with a marital lifeestate. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The owner of a lifeestate is called a life tenant. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The right to ownership of the property after the death of the lifeestate owner is called the "remainder estate". From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The owner of the lifeestate will retain ownership of the property during the devisee's life, and may freely alienate this interest. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. A can alienate his rights in the property, but only to the extent that those rights were granted him (i.e., as a lifeestate). From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Minerals may be possessed as a lifeestate, which does not permit a person to sell them, but merely that they own the minerals so long as they live. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Once the lesser estate comes to an end (the lease expires or the lifeestate tenant dies), the property automatically reverts (hence reversion) back to the grantor. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. In contrast, the wife of a substantive peer is legally entitled to the privileges of peerage: she is said to have a lifeestate in her husband's dignity. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Others continued to function as inholdings under a lifeestate in which their former owners could continue to use and occupy the property until their death. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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