life estate
Noun

life estate (plural life estates)

  1. (legal) 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.
Synonyms


This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.003
Offline English dictionary