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  2. Life estate - Wikipedia

    en.wikipedia.org/wiki/Life_estate

    The ownership of a life estate is of limited duration because it ends at the death of a person. Its owner is the life tenant (typically also the 'measuring life') and it carries with it right to enjoy certain benefits of ownership of the property, chiefly income derived from rent or other uses of the property and the right of occupation, during his or her possession.

  3. Reversion (law) - Wikipedia

    en.wikipedia.org/wiki/Reversion_(law)

    A reversion in property law is a future interest that is retained by the grantor after the conveyance of an estate of a lesser quantum than he has (such as the owner of a fee simple granting a life estate or a leasehold estate).

  4. Good guy clause - Wikipedia

    en.wikipedia.org/wiki/Good_guy_clause

    The use of a Good Guy Clause allows a renter to be released from liability of the lease if a rental is terminated early, giving tenants less apprehension regarding signing a time bound lease, and satisfying the landlord's worries about reclaiming their space "in the same condition in which they would have been had the lease expired in ...

  5. Rental agreement - Wikipedia

    en.wikipedia.org/wiki/Rental_agreement

    In order to rent or lease in many apartment buildings, a renter (also referred to as a “lessee") is often required to provide proof of renters insurance before signing the rental agreement. There is a special type of the homeowners insurance in the United States specifically for renters — HO-4 .

  6. Fee simple - Wikipedia

    en.wikipedia.org/wiki/Fee_simple

    Common temporal limitations include life estate, a land ownership that terminates upon the grantee's (or another person's) death even if the land had been granted to a third party, or a term of years, a lease for a specified term, such as in an estate for years.

  7. New lease of life for historic gatehouse - AOL

    www.aol.com/news/lease-life-historic-gatehouse...

    A Grade II listed building could be given a new lease of life as developers apply for it to become a family home. The Gatehouse in Worcester, near Mount Battenhall Retirement Village, can house ...

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