Examlex
______ teams are composed of a small group of employees that work together to produce a major portion, or sometimes all, of a project or service.
Life Estate
A legal arrangement where an individual is granted the rights to use and benefit from property during their lifetime, but does not own the property outright.
Fee Simple
A type of real estate ownership where the owner has unrestricted rights to the property, including the right to sell or bequeath it.
Future Interest
A legal right to property ownership that will begin at a future date, rather than immediate possession.
Life Tenant
An individual who has the right to use or occupy a property during their lifetime, but does not own the property.
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