Usage Rights

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January 1, 1 6 min read Definitions
Estate for Life
Life Estate Property Rights Beneficiary Reversion Estate Planning Real Estate Law Usage Rights
An Estate for Life is a property interest that terminates upon the death of a specified individual. This estate type grants usage rights to the beneficiary during their lifetime, while ensuring the property will revert to another designated party upon the beneficiary's death.
Read more about Estate for Life.

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