LIFE ESTATE


Meaning of LIFE ESTATE in English

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.

Duhaime's Law English dictionary.      Английский юридический словарь Duhaime .