Identification
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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
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Additional Information
Metadata
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Description
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Editorial Information
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Editorial Note
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Deprecated
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Source and Origin
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