Скачать или смотреть What is Life Estate? | REAL-ESTATE-SALESPERSON Exam Prep

A life estate is a freehold ownership interest in real property that lasts only for the lifetime of a designated person (the life tenant), after which the property passes to another party.

📚 Learn more about Life Estate and other key terms for your REAL-ESTATE-SALESPERSON exam at Open Exam Prep.

🎯 This term appears on: REAL-ESTATE-SALESPERSON

🔗 Full glossary: https://www.open-exam-prep.com/glossary
🔗 Life Estate definition: https://www.open-exam-prep.com/glossa...

💡 Exam Tip: Life estate lasts for someone's LIFETIME. Life tenant cannot commit waste. Remainderman gets property automatically at death. Pur autre vie = measured by another's life.

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