life estate

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life estate
n. (Law) estate or property that belongs to a person only during his/hers lifetime and can only be sold or transferred after the death of said person

English Wikipedia - The Free EncyclopediaDownload this dictionary
Life estate
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".

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WordNet 2.0Download this dictionary
life estate

Noun
1. (law) an estate whose duration is limited to the life of the person holding it
(synonym) estate for life
(hypernym) estate
(hyponym) dower
(classification) law, jurisprudence


Duhaime.org Legal DictionaryDownload this dictionary
Life estate
A right to use and to enjoy land and/or structures on land only for the life of the life tenant. - (read more on Life estate)
  
excellence English-Urdu DictionaryDownload this dictionary
life estate
n.
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