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Life Estate – Explained



http://thebusinessprofessor.com/life-estate-defined/

What is a life estate interest in real property? It further introduces the concept of a reversion interest and a remainder interest.

Visit https://TheBusinessProfessor.com/home for all of the content from Chapter 8 of The Legal and Regulatory Environment of Business by Jason Mance Gordon. The content includes:

Property Law (Intro)

https://thebusinessprofessor.com/home/business-law/

What is property?

https://thebusinessprofessor.com/tangible-vs-intangible-property/ Tangible and Intangible property?
https://thebusinessprofessor.com/real-vs-personal-property/ Real and Personal Property?
https://thebusinessprofessor.com/fixtures-and-real-property/ Fixtures?
https://thebusinessprofessor.com/ownership-in-the-context-of-property-rights/ What is ownership?

https://thebusinessprofessor.com/role-of-government-in-property/ Role of Government in ownership of property?
https://thebusinessprofessor.com/property-and-economic-prosperity/ Role of property rights in economic activity?

https://thebusinessprofessor.com/how-are-property-and-ownership-rights-limited/ What are the limitations on property ownership rights?
https://thebusinessprofessor.com/nuisance-explained/ What is nuisance?
https://thebusinessprofessor.com/zoning-ordinances-explained/ What is Zoning?
https://thebusinessprofessor.com/eminent-domain-explained/ What is Eminent Domain?
https://thebusinessprofessor.com/taxation-of-real-and-personal-property/ What is Property Taxation?

Acquiring Ownership in Property

https://thebusinessprofessor.com/acquiring-property-through-accession/ Accession?
https://thebusinessprofessor.com/acquiring-property-the-rule-of-first-possession/ Rule of First Possession?
https://thebusinessprofessor.com/laws-for-lost-mislaid-and-abandoned-items/ Lost or Mislaid Items?
https://thebusinessprofessor.com/adverse-possession-explained/ Adverse Possession?
https://thebusinessprofessor.com/acquiring-property-through-contract/ Contracts?
https://thebusinessprofessor.com/acquiring-ownership-rights-through-gift/ Gift?
https://thebusinessprofessor.com/acquiring-property-rights-through-confusion/ Confusion?

Types, Transfer, and Ownership of Real Estate

https://thebusinessprofessor.com/deeds-and-transfer-of-interest-in-real-property/ Establishing and transferring ownership in real property?
https://thebusinessprofessor.com/fee-simple-defined/ What is a fee simple interest in real property?
https://thebusinessprofessor.com/life-estate-defined/ What is a life estate in real property?
https://thebusinessprofessor.com/leasehold-interest-in-real-property/ What is a leasehold estate in real property?
https://thebusinessprofessor.com/joint-tenancy-tenancy-in-common-explained/ What are common types of co-ownership relationships in real property?
https://thebusinessprofessor.com/community-property-vs-separate-property/ Community Property and Separate Marital Property?
https://thebusinessprofessor.com/easement-or-right-of-way-in-real-property/ What is an easement interest in real property?
https://thebusinessprofessor.com/what-is-a-license-of-real-property/ What is a license of real or personal property?

Bailments

https://thebusinessprofessor.com/bailment-defined/ What is a bailment?
https://thebusinessprofessor.com/unilateral-and-mutual-benefit-bailments/ What are the rights and duties in unilateral-benefit and mutual benefit bailments?

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