- legal life estate
- A life estate coming into existence by operation of law, such as dower and curtesy, as distinguished from a life estate created by will or grant. 28 Am J2d Est § 56.
Ballentine's law dictionary. Anderson, W.S.. 1998.
legal life estate
Look at other dictionaries:
legal life estate — Interest in real or personal property for the life of the holder and enforceable at law in contrast to equitable life estate … Black's law dictionary
legal life estate — Interest in real or personal property for the life of the holder and enforceable at law in contrast to equitable life estate … Black's law dictionary
life estate — see estate 1 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. life estate … Law dictionary
life estate — ➔ estate * * * life estate UK US noun [C] LAW, PROPERTY ► 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… … Financial and business terms
Life estate — A life estate is a concept used in common law and statutory law to designate 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. The owner of a life estate is called a… … Wikipedia
Marital life estate — A marital life estate is, in the common law tradition of the U.S. and Great Britain, a life estate held by the spouse (husband or wife) or widowed spouse, for the duration of that spouse s life. Contents 1 Creation 2 Tax avoidance 3 See also … Wikipedia
conventional life estate — A life estate created by the act of the parties, by deed, will, or contract. 28 Am J2d Est $ 56. Conventional life estates are also frequently created, not by express words, but by general grant, not defining or limiting any specific estate. They … Ballentine's law dictionary
equitable life estate — An interest in real or personal property which lasts for the life of the hofe of the estate and which is equitable as contrasted with legal in its creation as in the case of a beneficiary of a trust who has a life estate under the trust … Black's law dictionary
equitable life estate — An interest in real or personal property which lasts for the life of the hofe of the estate and which is equitable as contrasted with legal in its creation as in the case of a beneficiary of a trust who has a life estate under the trust … Black's 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
