{"iri":"https://folio.openlegalstandard.org/RDX5p4uoAPpgs9Kpcvu7IoE","label":"Life Estate","sub_class_of":["https://folio.openlegalstandard.org/R8cjnXHiv1wNe6nzPvWnhQw"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":null,"alternative_labels":[],"translations":{},"hidden_label":null,"definition":"A Life Estate is a form of property ownership where an individual holds the rights to use, occupy, and benefit from a property for the duration of their life. Upon the individual's death, ownership of the property reverts back to the original owner or a designated remainderman, as stipulated in the life estate agreement","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}