Examlex
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Possessory Estate
An interest in real property that grants the holder the right to possess or occupy the land for a certain period.
Personal Privilege
A special right, advantage, or immunity granted or available only to a particular person or group.
Community Property State
A Community Property State is one where all property acquired during marriage is considered equally owned by both spouses, except for property received by one spouse through gift or inheritance.
Jointly Owned
Describes property or assets owned together by two or more parties, where each has an undivided interest in the whole.
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