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LSDefine

Simple English definitions for legal terms

lives in being

Read a random definition: tenantable repair

A quick definition of lives in being:

Term: Lives in Being

Definition: When someone owns a piece of land, they can transfer ownership to someone else. However, the transfer can only happen if there are people alive who could potentially inherit the land. These people are called "lives in being." For example, if a person wants to give their land to their children, they can only do so if their children are alive at the time of the transfer. If the children are not alive, the land cannot be transferred to them.

A more thorough explanation:

Definition: Lives in being refers to individuals who are alive at the time of a particular conveyance of real property. This means that the property can only be passed on to people who are currently alive.

  • John wants to leave his house to his children. However, he can only leave it to his children who are currently alive at the time of his passing. If any of his children have already passed away, their share of the property will go to their own children.
  • A wealthy landowner wants to donate a piece of land to a conservation organization. The land can only be given to individuals who are currently alive and can maintain the land for conservation purposes.

These examples illustrate how the term "lives in being" is used in real estate and property law. It ensures that property is only passed on to individuals who are currently alive and able to take ownership or maintain the property.

litigious | living trust

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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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