An estate in land which is owned by a party only for the duration of the life of that party, and for which ownership will revert to another upon the death of that party
A right to use and to enjoy land and/or structures on land only for the life of the life tenant The estate reverts back to the grantor (or to some other person), at the death of the person to whom it is given A property right to last only for the life of the life tenant is called the estate "pur sa vie " If it is for the duration of the life of a third party, it is called an estate "pur autre vie" The rights of the life tenant are restricted to conduct which does not permanently change the land or structures upon it
A right granted to a person to use a property for the rest of their life Upon the demise of the holder of the life estate, use of the property reverts to the holder of legal title
Either an estate for the life of the life tenant alone or an estate for the life or lives of some other person or persons If the estate is for the life of a person other than the life tenant, it is known as an estate uprooter vie
A form of property ownership, also known as a life interest, giving the holder (the life tenant) an interest in the property to possess, use, and enjoy the property, or income from the property, for the duration of their life Upon the death of the holder, the remainder interest automatically reverts to the original owner or passes to a beneficiary (known as the remainder person)
An interest in real property, which is held for the duration of the life of some certain person It may be limited by the life of the person holding it or by the life of some other person
An estate in real property for the life of a living person Upon that person's death, the property is then returned back to the grantor or on to a third party
Any estate in real or personal property that is limited in duration to the life of its owner or the life of some other designated person Although classified as a freehold estate because it is a possessory estate of indefinite duration, a life estate is not an estate of inheritance For example, Bob Smith conveys his home to his son John and reserves a life estate for himself Bob (the life tenant) has a life estate, and Hohn has a reversionary interest in the property When Bob Smith dies, the fee simple property reverts to John (See freehold estate)
A limited right in a property, to use or occupy the property for the life of the person holding the estate after which title reverts to the grantor or a named third party
A life estate is granted for the term of a life of some person Upon their death, it either "reverts" to the grantor, or the "remainder" interest will pass to a predetermined third party Reversionary or remainder rights are "Future Interest"