term1 Definition1term2 Definition2term3 Definition3
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A medieval English term, involved the holding of land without ownership—a right to possess (not own) subject to payment.
Tenure
An interest in land.
i.e. the status or extent of rights associated with tenure.
Estate
Based on principals more than specific rules and has developed over the centuries using legal precedents as opposed to stationary provisions set out by parliamentary decree.
Common Law
The highest estate or absolute right in real property.
Fee Simple
An ownership right to an individual for a lifetime period.
Life Estate
An interest in land that arises at the end of a life estate.
Future Estate
An interest in land for a specified period of time.
Leasehold Estate
A right to cross or otherwise use someone else's land for a specified purpose.
Easement
Two or more persons having ownership at the same time.
Concurrent Ownership
Ownership of land by two or more persons whereby, on the death of one, the survivor or survivors take the whole estate.
Joint Tenancy
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