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life estate

British  

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

Example Sentences

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Don’t miss: ‘People are often unreasonable’: My husband, 62, gave me a 5-year life estate.

From MarketWatch Sep. 1, 2026

In a worst-case scenario, they could auction it off in a tax-foreclosure sale to recover the back taxes, thereby invalidating the life estate.

From MarketWatch Sep. 1, 2026

“But if mom or dad has to go to a nursing home, that life estate has value,” Letsch said.

From MarketWatch Aug. 25, 2026

In return, he says he will give you $400,000, a $140,000 car and a life estate in his home.

From MarketWatch Apr. 7, 2026

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

From The Lost Lady of Lone by Emma Dorothy Eliza Nevitte Southworth

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