Legal Question in Real Estate Law in New York

Life Estate

What is the diffinition of Life Estate


Asked on 1/22/09, 5:10 am

1 Answer from Attorneys
Michael Markowitz Michael A. Markowitz, PC

Re: Life Estate

Simply put, a life estate is when someone has the right to use property during his or her lifetime, and upon death use of the property reverts to the title owner.

Mike.

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Answered on 1/22/09, 8:19 am


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