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  2. Life estate - Wikipedia

    en.wikipedia.org/wiki/Life_estate

    In common law and statutory law, a life estate (or life tenancy) is the ownership of immovable property for the duration of a person's life. In legal terms, it is an estate in real property that ends at death, when the property rights may revert to the original owner or to another person. The owner of a life estate is called a "life tenant".

  3. Rule against perpetuities - Wikipedia

    en.wikipedia.org/wiki/Rule_against_perpetuities

    The rule against perpetuities serves a number of purposes. First, English courts have long recognized that allowing owners to attach long-lasting contingencies to their property harms the ability of future generations to freely buy and sell the property, since few people would be willing to buy property that had unresolved issues regarding its ownership hanging over it.

  4. Lease and release - Wikipedia

    en.wikipedia.org/wiki/Lease_and_release

    A lease and release is a form of conveyance of real property involving the lease of land by its owner to a tenant, followed by a release (relinquishment) of the landlord's interest in the property to the tenant.

  5. A massive real estate correction can be devastating to property owners who’ve already been grappling with higher mortgage payments as a result of the U.S. Federal Reserve’s aggressive interest ...

  6. 99-year lease - Wikipedia

    en.wikipedia.org/wiki/99-year_lease

    A 99-year lease is, under historic English law, since widely received abroad, the longest permissible term of a lease of real property. It is no longer the law in most common law jurisdictions today, yet 99-year leases continue to be common as a matter of business practice and conventional wisdom .

  7. Life interest - Wikipedia

    en.wikipedia.org/wiki/Life_interest

    One form of life interest is a life estate, an ownership interest in property that lasts for the life of the party to whom it has been granted. Unlike the beneficiary of a trust, the owner of a life estate in property has the right to possession of the property and may use it as any other owner, subject only to a duty to avoid waste of the ...

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