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life estate
(redirected from Tenant for life)

    Also found in: Legal, Financial, Wikipedia 0.01 sec.
life estate
n
(Law) property that may be held only for the extent of the holder's lifetime
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.life estate - (law) an estate whose duration is limited to the life of the person holding it
estate for life
law, jurisprudence - the collection of rules imposed by authority; "civilization presupposes respect for the law"; "the great problem for jurisprudence to allow freedom while enforcing order"
estate - everything you own; all of your assets (whether real property or personal property) and liabilities
dower - a life estate to which a wife is entitled on the death of her husband
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The income would be paid to the life tenant for life and upon death, the principal would pass to the remaindermen.
The new homestead trap: surviving spouses are trapped by life estates ... by Baskies, Jeffrey A. / Florida Bar Journal
Several thousand units had been kept vacant and out of the housing market because under an earlier law, once a tenant came in, they became a tenant for life.
Co-op ruling causes concern by Weiss, Lois / Real Estate Weekly
Additionally, many suburban unit owners and sponsors have been unwilling to accept harsh rent regulations and have kept units vacant because once a tenant comes in, they are a tenant for life.
New Rochelle eases on EPTA by Weiss, Lois / Real Estate Weekly
 
 
 
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