legal estate

legal estate
An estate in property recognized at law, not merely in equity. At common law, strictly speaking, the only estate. Sayre v Mohney, 30 Or 238, 47 P 197.

Ballentine's law dictionary. . 1998.

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  • legal estate — see estate 1 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. legal estate …   Law dictionary

  • legal estate — ➔ estate * * * legal estate UK US noun [C] LAW, PROPERTY ► the right to own property for a particular period of time or permanently: »The husband can release his interest in the legal estate to the wife …   Financial and business terms

  • holder of the legal estate — index trustee Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • estate — es·tate /i stāt/ n [Anglo French estat, literally, state, condition, from Old French, from Latin status, from stare to stand] 1: the interest of a particular degree, nature, quality, or extent that one has in land or other property compare fee;… …   Law dictionary

  • estate — es‧tate [ɪˈsteɪt] noun [countable] 1. PROPERTY a large piece of land in the country, usually with one large house on it and one owner: • The estate consists of the main villa, several outbuildings and barns, a swimming pool, a farm house and an… …   Financial and business terms

  • Legal — Le gal (l[=e] gal), a. [L. legalis, fr. lex, legis, law; prob. orig., that which lies or is fixed (cf. L. lectus bed), and if so akin to E. lie, law: cf. F. l[ e]gal. Cf. {Lie} to be prostrate, {Loyal}, {Leal}.] 1. Created by, permitted by, in… …   The Collaborative International Dictionary of English

  • Legal cap — Legal Le gal (l[=e] gal), a. [L. legalis, fr. lex, legis, law; prob. orig., that which lies or is fixed (cf. L. lectus bed), and if so akin to E. lie, law: cf. F. l[ e]gal. Cf. {Lie} to be prostrate, {Loyal}, {Leal}.] 1. Created by, permitted by …   The Collaborative International Dictionary of English

  • Legal tender — Legal Le gal (l[=e] gal), a. [L. legalis, fr. lex, legis, law; prob. orig., that which lies or is fixed (cf. L. lectus bed), and if so akin to E. lie, law: cf. F. l[ e]gal. Cf. {Lie} to be prostrate, {Loyal}, {Leal}.] 1. Created by, permitted by …   The Collaborative International Dictionary of English

  • estate — early 13c., rank, standing, condition, from Anglo Fr. astat, O.Fr. estat state, position, condition, health, status, legal estate (Mod.Fr. état), from L. status state or condition, from root of stare to stand from PIE root *sta to stand (see STET …   Etymology dictionary

  • Estate (law) — An estate is the net worth of a person at any point in time. It is the sum of a person s assets legal rights, interests and entitlements to property of any kind less all liabilities at that time. The issue is of special legal significance on a… …   Wikipedia

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