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LSDefine

Simple English definitions for legal terms

life tenant

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A quick definition of life tenant:

A life tenant is someone who has the right to use and benefit from a property for as long as they live or for the life of another person. They can rent or sell their interest in the property, but they cannot sell the property outright. When the life tenant dies, the property goes to the remainderman. The remainderman is the person who will own the property after the life tenant dies.

A more thorough explanation:

A life tenant is a person who has a limited interest in an estate or property that lasts only for their lifetime or the lifetime of another person. This means that they have the right to use and enjoy the property during their lifetime, but they cannot sell or transfer the property to someone else in a way that would extend beyond their lifetime.

For example, if John owns a house and grants a life estate to his son, Tom, then Tom has the right to live in the house and use it during his lifetime. However, he cannot sell the house to someone else or leave it to his heirs when he dies. When Tom dies, the property will pass to the remainderman, who is the person designated by John to inherit the property after Tom's death.

It's important to note that a life tenant can sell or rent their interest in the property, but only for the duration of their lifetime. For example, Tom could rent out the house to someone else, but the lease would end when Tom dies and the property passes to the remainderman.

Overall, a life tenant has a limited interest in a property that lasts only for their lifetime or the lifetime of another person. They have the right to use and enjoy the property during their lifetime, but they cannot sell or transfer the property to someone else in a way that would extend beyond their lifetime.

life insurance trust | life without possibility of parole

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this election has the potential to push america further into ultranationalist populism
Dkk
19:42
Maybe, didnt happen last time.
19:42
it was hard to not improve it. google search was terrible due to the ads and seo cheaters with buzz words and alt text
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
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