Property I
Life Estate
A life estate allows the right to possess the property for only the grantee's lifetime. It does not pass to the owner's issue on death.
The words of purchase for a life estate are simply "for life."
A life estate allows the right to possess the property for only the grantee's lifetime. It does not pass to the owner's issue on death.
The words of purchase for a life estate are simply "for life."