Examlex
Nitrogen-fixing bacteria remove nitrogen from plants and return it to the soil. True or False?
Jointly Owned
Describes property or assets owned together by two or more parties, where each has an undivided interest in the whole.
Estate In Fee Simple
Refers to the most complete ownership of land or property that can be legally held under common law, implying absolute ownership without any limitations or conditions.
Leasehold Estate
The creation of an ownership interest in the tenant. An interest in real estate that is held under a lease. Also called tenancy.
Life Estate
An estate in which the owner owns real property for his or her life or for the life of another.
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