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LSDefine

Simple English definitions for legal terms

legal life tenant

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A quick definition of legal life tenant:

A legal life tenant is a person who has the right to use and benefit from a property until they die. They are also known as a tenant for life or a life-owner. This person is automatically entitled to possession of the property because of their legal ownership. An equitable life tenant, on the other hand, is someone who has the right to use the property but must make an election to do so. They may need to provide security or an undertaking to gain possession.

A more thorough explanation:

A legal life tenant is a person who has the right to use and enjoy a property until their death. They are also known as a tenant for life or a life-owner. This person is entitled to all the benefits of the property during their lifetime, but they cannot sell or transfer the property to someone else.

For example, if John owns a house and gives his sister Jane a life estate in the property, Jane becomes the legal life tenant. She can live in the house and use it as her own until she dies, but she cannot sell the property or give it away to someone else.

Another example is if a husband and wife own a property together, and the husband dies, the wife may become the legal life tenant of the property. She can continue to live in the house and use it as her own until she dies, but she cannot sell the property without the consent of the husband's heirs.

Overall, a legal life tenant has the right to use and enjoy a property during their lifetime, but they do not have the right to sell or transfer the property to someone else.

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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
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