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life estate

noun

  1. property that may be held only for the extent of the holder's lifetime
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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Example Sentences

Starost, str′ost, n. a Polish noble holding a Star′osty or domain by grant of life-estate from the crown.

He raised the needed money from usurers by giving them a mortgage on his own life estate in Lone itself.

It would be a mistake to look upon the restricted ownership of a woman as what the English lawyers call a life estate.

I only say for myself a life estate; Lieutenant Puddock can deal with the remainder as he pleases.'

The farm on which he died was one his son purchased, providing a life estate therein for him and his wife.

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