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单词 life estate
释义
life estate
life estate an estate of freehold that exists for the duration of the life of the grantee. If the grantee should assign his interest, that taken by the assignee is referred to as an estate pur autre vie (i.e. 'an estate for the life of someone else', namely the original grantee). Since 1925 a life estate can exist only as an equitable interest behind a trust. See

INSURABLE INTEREST, INSURANCE.

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更新时间:2025/7/1 18:56:45