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life tenant

A person who, until death, is beneficially entitled to property; the holder of a life estate. — Also termed tenant for life; life-owner. See life estate under ESTATE(1). [Cases: Life Estates 1. C.J.S. Estates §§ 28–29, 31, 34.]

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life tenant

life tenant. A person who, until death, is beneficially entitled to property; the holder of a life estate. — Also termed tenant for life; life-owner. See life estate under ESTATE(1). [Cases: Life Estates 1. C.J.S. Estates §§ 28–29, 31, 34.] equitable life tenant. A life tenant not automatically entitled to possession but who makes an

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lease for life

lease for life. Hist. A lease of land for the duration of a specified number of lives instead of for a specified term of years. • Unlike a tenant for a term of years, a lessee for life could recover the land if dispossessed. “The rent payable was usually fairly small, but a fine was

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life estate

An estate held only for the duration of a specified person’s life, usu. the possessor’s. • Most life estates — created, for example, by a grant “to Jane for life” — are beneficial interests under trusts, the corpus often being personal property, not real property. — Also termed estate for life; legal life estate; life

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