Juridical Dictionary

This dictionary contains:
8526
juridical terms

Life estate




Life estate

A right to use and to enjoy land and/or structures on land only for the life of the life tenant. The estate reverts back to the grantor (or to some other person), at the death of the person to whom it is given. A property right to last only for the life of the life tenant is called the estate "pur sa vie." If it is for the duration of the life of a third party, it is called an estate "pur autre vie". The rights of the life tenant are restricted to conduct which does not permanently change the land or structures upon it.

RELATED TERMS
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Right
1) Sometimes it signifies a law, as when we say that natural right requires us to keep our promises, or that it commands restitution, or that it forbids murder. In our language it is seldom used in this sense. 2) It sometimes means that quality in our actions by which they are denominated just ones. This is usually denominated rectitude. 3) It is that quality in a person by which he can do certain actions, or possess certain things which belong to him by virtue of some title. In this sense, we use it when we say that a man has a right to his estate or a right to defend himself.

Life
The aggregate of the animal functions which resist death. Bichat.

Tenant
Estates. One who holds or possesses lands or tenements by any kind of title, either in fee, for life, for years, or at will

Estate
A right or interest in property or the property of a deceased person.

Grantor
He by whom a grant is made.

Death
Cessation of life; extinction of political existence.

Person
This word is applied to men, women and children, who are called natural persons.

Property
Property is commonly thought of as a thing which belongs to someone and over which a person has total control. But, legally, it is more properly defined as a collection of legal rights over a thing. These rights are usually total and fully enforceable by the state or the owner against others. It has been said that "property and law were born and die together. Before laws were made there was no property. Take away laws and property ceases." before laws were written and enforced, property had no relevance. Possession was all that mattered. There are many classifications of property, the most common being between real property or immoveable property (real estate such as land or buildings) and "chattel", or "moveable" (things which are not attached to the land such as a bicycle, a car or a hammer) and between public (property belonging to everybody or to the state) and private property.

Party
Practice, contracts. When applied to practice, by party is understood either the plaintiff or defendant. In contracts, a party is one or more persons who engage to perform or receive the performance of some agreement.

Conduct
Law of nations. This term is used in the phrase safe conduct, to signify the security given, by authority of the government, under the great seal, to a stranger, for his quietly coming into and passing out of the territories over which it has jurisdiction.

Change
The exchange of money for money.



SIMILAR TERMS
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Life
The aggregate of the animal functions which resist death. Bichat.

Life annuity
An annual income to be paid during the continuance of a particular life.

Life imprisonment
A sentence to serve prison for the rest of one's life. Although illegal in most civilized countries, it still exists in many third world and undemocratic countries, and in some US states (just like capital punishment).

Life on the Installment Plan (LIP)
In the US penitentiary slang, serving an effective life sentence through a series of lesser terms.

Life tenant
The beneficiary of a life estate.

Life-assurance
An insurance of a life, upon the payment of a premium; this may be for the whole life, or for a limited time. On the death of the person whose life has been insured, during the time for which it is insured, the insurer is bound to pay to the insured. the money agreed upon.

Life-rent
Scotch law. A right to use and enjoy a thing during life, the substance of it being preserved. A life-rent cannot, therefore, be constituted upon things which perish in the use; and though it may upon subjects which gradually wear out by time, as household furniture, &c., yet it is generally applied to heritable subjects. Life-rents are divided into conventional and legal.

Lifer
In the US penitentiary slang, a prisoner serving a life sentence.

Lifestyle changes
A possible indicator of theft is the sudden change in lifestyle such as exhibiting more than usual wealth.



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Lien
Contracts. In its most extensive signification, this term includes every case in which real or personal property is charged with the payment of any debt or duty; every such charge being denominated a lien on the property. In a more limited sense it is defined to be a right of detaining the property of another until some claim be satisfied.

Lieu
Place. Iu lieu of, instead, in the place of.

Lieutenant
This word has now a narrower meaning than it formerly had; its true meaning is a deputy, a substitute, from the French lieu, (place or post) and tenant (holder). Among civil officers we have lieutenant governors, who in certain cases perform the duties of governors; (vide, the names of the several states,) lieutenants of police, &c. Among military men, lieutenant general was formerly the title of a commanding general, but now it signifies the degree above major general. Lieutenant colonel, is the officer between the colonel and the major. Lieutenant simply signifies the officer next below a captain. In the navy, a lieutenant is the second officer next in command to the captain of a ship.

Life
The aggregate of the animal functions which resist death. Bichat.

Life annuity
An annual income to be paid during the continuance of a particular life.

Life estate

Life tenant
The beneficiary of a life estate.

Life-assurance
An insurance of a life, upon the payment of a premium; this may be for the whole life, or for a limited time. On the death of the person whose life has been insured, during the time for which it is insured, the insurer is bound to pay to the insured. the money agreed upon.

Life-rent
Scotch law. A right to use and enjoy a thing during life, the substance of it being preserved. A life-rent cannot, therefore, be constituted upon things which perish in the use; and though it may upon subjects which gradually wear out by time, as household furniture, &c., yet it is generally applied to heritable subjects. Life-rents are divided into conventional and legal.

Lifestyle changes
A possible indicator of theft is the sudden change in lifestyle such as exhibiting more than usual wealth.

Ligan
Ligan or lagan. Goods cast into the sea tied to a buoy, so that they may be found again by the owners, are so denominated. When goods are cast into the sea in storms or shipwrecks, and remain there without coming to land, they are distinguished by the barbarous names of jetsam, flotsam, and ligan.

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This dictionary contains 8526 terms.







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